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Post by stevefindlay on Mar 9, 2018 19:33:46 GMT
These statistics are all in line with expectations and performance over the last three years, which has netted out at 8% pa gross return after losses: - 10-20% onto our watchlist - 3-5% LGD (loss given default) - 0.3%-1% write off / realised losses Our actual loss ratios have been at the lower end of this range: 0.39% Loan types To date, the only losses have been on invoice discount and corporate loans. No property backed loan has lost a penny so far. Although these are more likely to go onto our watchlist. Hi, whilst this is reassuring if it is a stable situation, and "netted out" means net return after crystallized loss, could you explain what the two factors of this sentence means, on the watch list. Perhaps it's clear to some, but not me. Thanks. 1. "A winding up petition against the company is being prepared and the loan is being pursued". 2. "The debt is credit insured." @zib - thank you for your question. As it appears that this question relates to specific loans on your account, please contact the client services team directly: invest@bondmason.com We don't use the P2P Forum to discuss specific loans or accounts.
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zlb
Member of DD Central
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Post by zlb on Mar 10, 2018 21:13:41 GMT
Hi, whilst this is reassuring if it is a stable situation, and "netted out" means net return after crystallized loss, could you explain what the two factors of this sentence means, on the watch list. Perhaps it's clear to some, but not me. Thanks. 1. "A winding up petition against the company is being prepared and the loan is being pursued". 2. "The debt is credit insured." @zib - thank you for your question. As it appears that this question relates to specific loans on your account, please contact the client services team directly: invest@bondmason.com We don't use the P2P Forum to discuss specific loans or accounts. I suggest it would be helpful if a glossary of bond mason terminology like this, were published so that one didn't have to ask.
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