crapo
Posts: 40
Likes: 26
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Post by crapo on Aug 1, 2017 14:57:08 GMT
181 loan parts available on the Secondary Market. A very short term loan length as well. What gives?
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easylender
Member of DD Central
Posts: 249
Likes: 225
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Post by easylender on Aug 1, 2017 17:56:07 GMT
You will be the one doing the giving if you buy from the flippers on the SM.
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Stonk
Stonking
Posts: 735
Likes: 658
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Post by Stonk on Aug 1, 2017 19:27:51 GMT
181 loan parts available on the Secondary Market. A very short term loan length as well. What gives? Nothing gives -- hence, there are now 411 parts available! Maybe someone regrets buying so much of a loan which they now realise is going to be very slow to off-load because it is both huge and very short. You'll be able to buy it in bulk at 0% premium pretty soon ... but don't.
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adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
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Post by adrian77 on Aug 2, 2017 8:46:52 GMT
totally agree and I am not convinced this will repay on time....I expect the SM premium to turn negative....
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crapo
Posts: 40
Likes: 26
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Post by crapo on Aug 2, 2017 9:41:16 GMT
You will be the one doing the giving if you buy from the flippers on the SM.
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