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Post by housepriceanalytics on Jul 21, 2016 13:49:49 GMT
Have emailed support twice about this, but no answer in 48 hours...
As an example, if I sort the secondary marketplace by discount % the top result is a company beginning with T.
Offers with a discount rate of -5% have a 'buyers rate' of 15.01%, however with a lower discount rate of -2.5% it's showing a higher buyers rate of 15.5%
What to trust? Discount % or buyers rate?
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SteveT
Member of DD Central
Posts: 6,875 
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Post by SteveT on Jul 21, 2016 14:02:11 GMT
Have emailed support twice about this, but no answer in 48 hours... As an example, if I sort the secondary marketplace by discount % the top result is a company beginning with T. Offers with a discount rate of -5% have a 'buyers rate' of 15.01%, however with a lower discount rate of -2.5% it's showing a higher buyers rate of 15.5% What to trust? Discount % or buyers rate? The underlying loan parts will be at different rates of interest. Hence one seller is having to discount more than the other to reach a competitive yield
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Post by Deleted on Jul 21, 2016 14:06:28 GMT
housepriceanalyticsHi, maybe I can help out? When people bid in the auction some for example may place bids at 15% and others at 12% at some later point in time they may wish to sell these loan parts on the SM with each individual trying to make their loan part sales on the SM competitive, the lender holding 15% loan parts would need to discount less than the lender holding 12%, so you may see a discount of 2.5% on the 15% and 5% on the 12%. If I'm buying on the SM I'll weigh things up carefully, look at all the loan statistics and if I decide to buy I would opt for the best value loan part for my budget. Personally I like the T loan on the SM and yes there are some enticing deals available on this, I remember this request going to auction. Best to you.
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Post by housepriceanalytics on Jul 21, 2016 14:22:15 GMT
Ah highlander that makes perfect sense, thanks! A bit different to the other platforms I've tried so far. |
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