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Post by bracknellboy on May 8, 2014 16:12:02 GMT
It does often strike me as odd as to how bunch of similar events/comments are posted into comments on several loans by FC at co-incident times. Take yesterday as an example. Two downgraded loans, one liquidated firm where the loan is being serviced by the guarantor. Another one which 'recieved notice that it was going into liquidation (mid Mar) but promised they will continue to service the loan (as an aside, no update since then on whether it HAS gone into administration or whether it has come out of administration).
Anyway, both loans were now running overdue on payments. Yesterday saw posting of comment on one of them that Feb, Mar, April payments had now been received and will be distributed today (7th), and the other that March, April, May payments have been received and will be distributed today (7th).
Statistical co-incidence ? Or an internal systems cycle ?
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Post by phlitb on May 8, 2014 18:33:58 GMT
It does seem FC perform related tasks in batches. I got hit with 3 defaults today, after going a while without. And that's not the first time I've netted a hat-trick in a day.
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Post by bracknellboy on May 8, 2014 18:54:25 GMT
It does seem FC perform related tasks in batches. I got hit with 3 defaults today, after going a while without. And that's not the first time I've netted a hat-trick in a day. Yes. But in the case of payments received (rather than ummm we've not received anything for a while we'll default) there is an implication they could have been sitting on the money for a period. Not a statement of fact, nor even an statement of opinion, but an observation that there could be such an implication.
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