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Post by elephantrosie on Sept 12, 2024 12:02:49 GMT
oh wait... i can see they have no further loans to solve, but they have five crystallised losses loans. Sorry for being silly and ask this. How can any loans be lost if they have the value of the properties are higher than the loans?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,213
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Post by ilmoro on Sept 12, 2024 12:51:49 GMT
oh wait... i can see they have no further loans to solve, but they have five crystallised losses loans. Sorry for being silly and ask this. How can any loans be lost if they have the value of the properties are higher than the loans? Look at the default tab. Simply because the value of security is dependent on certain assumptions & once those assumptions cease to be valid the value changes, inevitably for the worst. Assumption 1 ... the security will be built as planned. Assumption 2 ... it won't be a forced sale. Assumption 3 ... the security will actually be found.
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averageguy
Member of DD Central
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Post by averageguy on Sept 24, 2024 19:01:04 GMT
It’s beginning to look like “may not” Update on site, update in next few days. Lol@few ……..their definition seems to be different to mine
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