acky
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Post by acky on Apr 28, 2017 17:22:59 GMT
I saw a comment on another thread that stated loans could be "blocked" by FS when a problem comes to light, so that they are not tradable on the SM even though they are Active and have not reached the last month of their term. I've downloaded the loan book which doesn't seem to give any hint of this. I'm new to FS, so can anyone tell me if this does happen and how often? And can "blocked" loans be identified in some way?
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markr
Member of DD Central
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Post by markr on Apr 28, 2017 18:27:48 GMT
One way is to go to the sell page. Loans that can't be sold have "Not available for resale" instead of a Sell button. If you sort on the Sell column, you can bring all the loans that can't be sold to the top, then scan down and look for where "Date Ending" is more than a month away.
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nick
Member of DD Central
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Post by nick on Apr 29, 2017 19:08:00 GMT
I've had it happen to me on one occasion where a loan I was holding was suspended because another, earlier loan owed by the borrower secured by the same property had defaulted. The first I knew there was a problem was when I attempted to sell......
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