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Post by kylierebsoc on Jul 28, 2017 15:58:03 GMT
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442 
Likes: 945
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Post by stub8535 on Jul 28, 2017 16:04:45 GMT
Shame you have not stuck rigidly to this set of policies since startup.
Some are wishy washy at best othet items have no trigger events explained.
Thanks for the infimertial by the way. Mods, any thoughts?
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Post by GSV3MIaC on Jul 28, 2017 16:52:52 GMT
Moderators will typically only look at a post if you 'report' it, using the cogwheel top right (select 'report post'). This posted link seems to want me to login to my ReBS account, which isn't going to happen at the moment - I suspect I am not missing much though, based on your comments, and the fact I already have a fairly good grasp of both 'defaults, the concept' and how ReBS have typically dealt with them. 8>.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
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Post by stub8535 on Jul 28, 2017 17:10:57 GMT
Facility not available on device/ app that I am using GSV3MIaC. Thanks for advice though. Can't see many experienced investors rushing to open the link or even reading their wish(y washy) list☺ |
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Post by bracknellboy on Jul 28, 2017 19:25:46 GMT
Link worked fine for me on an iPad. 'Worked fine' meaning it opened up what I assume it was intended to, as opposed to making any judgement on the actual content.
I couldn't help but notice that under the heading "How can you reduce the impact of a default on your portfolio" it specifically talks about "using the secondary market...to sell". NOt a user of ReBS:do I take that as indication that ReBS allow defaulted loans to be traded ? Do they provide sufficient information to be able to properly assess such loans ?
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Post by GSV3MIaC on Jul 28, 2017 20:03:52 GMT
/mod hat off
No you can't buy or sell defaulted loans, but you can sell 'slightly dented' ones with a dubious payment history (which is visible, if you bother to look)..
I think the blog (which I have now read) is suggesting you use the SM to increase your diversification (which is fine), and to sell out, or sell down, dodgy loans (which is 'pass the ticking parcel', and not really fair on the recipient(s), although caveat emptor applies I guess). Not very enlightening, unless you are a complete newbie.
What we'd really like to see if some actual recovery .. I've got numerous loans which have been scheduled for ~'60% recovery' (i.e. the forecast loss is ~40% of the current outstanding loan amount) for a year or more now, the sum total recovery from which, so far, is that nice round figure .. 0. I just hope to get a few pence back before proton decay overwhelms the universe.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
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Post by stub8535 on Jul 29, 2017 1:07:57 GMT
bracknellboy its not that the links dont work that is the issue. Computer security gurus have checked coding and issued warnings that click through may not always mean what you want it to mean. With the "error" (cockup) in putting huddle as the payment reference in outgoing payments would suggest a clear demarcation does not exist between huddle and rebs. If I want Huddle, or any future company brought into the rebs fca fold, to have my data I want to be asked to make a positive affirmation. For this to be classed as no cause for concern it seems no other person has the same concerns about a data breach or thry are just to apathetic at rebs to bother. Maybe its my time at a bank that makes me so suspicious.
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