capucino
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Post by capucino on Oct 22, 2016 10:17:41 GMT
Any news on this, why so much on the SM.
Why is there no 'recent updates' tab on this loan? quite strange.
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seeingred
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Post by seeingred on Oct 22, 2016 10:24:59 GMT
Why no recent updates??
You could ask that question about quite a few loans.
At least this one is still positive 66 days.
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Liz
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Post by Liz on Oct 22, 2016 10:25:08 GMT
Any news on this, why so much on the SM. Why is there no 'recent updates' tab on this loan? quite strange. Sounds normal to me. It has a lot for sale because it is a loan a lot don't want to hold to term and is also a very big loan.
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capucino
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Post by capucino on Oct 22, 2016 10:28:05 GMT
Why no recent updates?? You could ask that question about quite a few loans. At least this one is still positive 66 days. If you reread my question , I was asking about 'recent updates' tab, which is present on most loans. Maybe the tab is added when there an update.
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adrianc
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Post by adrianc on Oct 22, 2016 11:08:02 GMT
Why no recent updates?? You could ask that question about quite a few loans. At least this one is still positive 66 days. If you reread my question , I was asking about 'recent updates' tab, which is present on most loans. Maybe the tab is added when there an update. Yep. No updates, no tab needed.
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am
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Post by am on Oct 22, 2016 11:39:24 GMT
Any news on this, why so much on the SM. Why is there no 'recent updates' tab on this loan? quite strange. The optimists' explanation for the amount on the SM would be that people are releasing money to go into PBL143. PBL136 is a short term loan which has a far chance of being repaid before even the short term is up, so one can imagine some of the big hitters taking the opportunity to transfer money into a longer term loan rather than risk not be able to deploy their PBL136 money when it repays. The pessimists' explanation would be that someone's heard some bad news. You pays your money and takes your choice.
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kermie
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Post by kermie on Oct 22, 2016 11:50:32 GMT
Pretty comfortable it's just lenders preparing for PBL143 today - the trouble with a large loan such as PBL143 is that you cannot rely on SM sales in order to pay off the pre-funded amount after PBL143 has gone Live, so you need to de-risk the potential cash-flow crisis a little by selling some loans in advance.
PBL136 had £1M injected into the loan when it was combined from the previous 4 separate loans - so whilst it is short-term, I view it as pretty unlikely to go bad.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Oct 22, 2016 12:45:55 GMT
Pretty comfortable it's just lenders preparing for PBL143 today - the trouble with a large loan such as PBL143 is that you cannot rely on SM sales in order to pay off the pre-funded amount after PBL143 has gone Live, so you need to de-risk the potential cash-flow crisis a little by selling some loans in advance. PBL136 had £1M injected into the loan when it was combined from the previous 4 separate loans - so whilst it is short-term, I view it as pretty unlikely to go bad. That's exactly what I did last night and now have my positive accounts ready with the exact amounts I want (and I'm guessing everyone will get 100% what they want). Shame PBL143 wasn't released before PBL142 TBH, as I would have preferred a much larger lump in that loan. I'm guessing that the reason PBL136 is one of the first investors offload is because it is tainted by the previous updates.
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mikes1531
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Post by mikes1531 on Oct 22, 2016 19:32:02 GMT
The optimists' explanation for the amount on the SM would be that people are releasing money to go into PBL143. Sort of. I would say that people are trying to release money to go into PBL143. With £160k available at the moment, and who knows how much more to be offered for sale once people know how much of the new loan they've been allocated, there may be a lot of PBL136 remaining unsold after negative account balances are supposed to have been resolved. Not to mention the ~£500k of other loan parts also for sale at the moment. I suspect SS will have to call on other resources -- which may present no problem at all to them -- in order to have the necessary funds available if PBL143 is to go live on Monday. But that's JMHO.
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Post by jonboy73 on Oct 24, 2016 8:43:08 GMT
with a lot of long dated loans available, I can't see it flying out today. a few days and we're probably back to normal.
I'm glad I sold out last week so I could fund the newer longer loans.
I have shifted £750 of other stuff this morning no problem.
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ped
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Post by ped on Oct 28, 2016 19:29:42 GMT
28/10/2016 a**x £113,870.00 Wow Big Hitter parking some cash for the weekend?
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poppyland
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Post by poppyland on Oct 28, 2016 19:33:29 GMT
28/10/2016 a**x £113,870.00 Wow Big Hitter parking some cash for the weekend? And they bought 14,971.89 earlier too. Why?
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mikes1531
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Post by mikes1531 on Oct 28, 2016 20:43:46 GMT
28/10/2016 a**x £113,870.00 Wow Big Hitter parking some cash for the weekend? And they bought 14,971.89 earlier too. Why? Rumour has it that there was a problem whereby some PBL093 investment that should have been rolled forward into DFL008 didn't happen and was repaid instead. Maybe that money has been parked in PBL136 to earn interest until the matter is sorted.
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jcb208
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Post by jcb208 on Oct 31, 2016 18:45:12 GMT
Even though there is £170K on the market the queue is £70k so £100K must belong to Savingstream in one way or another
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mikes1531
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Post by mikes1531 on Oct 31, 2016 20:35:26 GMT
Even though there is £170K on the market the queue is £70k so £100K must belong to Savingstream in one way or another : Thanks for that. I hadn't realised. Perhaps it's worth trying to sell a part of that loan to pay for upcoming pipeline loans.
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