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Post by elephantrosie on Jun 13, 2017 20:26:49 GMT
please make MT liguid again
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archie
Posts: 1,854
Likes: 1,855
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Post by archie on Jun 14, 2017 6:42:40 GMT
I wonder if the recent larger loans have attracted the flippers. I've never felt the need to exit any loans on this platform other than trimming for diversification. On certain other platforms I wouldn't hold to term though.
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Post by richardb67 on Jun 14, 2017 9:23:05 GMT
There should be ca £1.4m from Bolton and the Lambo repaid any day Was one of these where imminent repayment was expected about a month ago? oh ye of little faith :-) The Bolton loan has been marked imminent for a while but it's moving to COL and is fully funded there so I'd be astonished if it didn't go through. Interestingly as this is fully funded on two platforms it's taking an extra £1.2m out of the overall P2P market so even if it somehow didn't transfer COL would cancel and that money would be freed up to lenders. ps. Just noticed Bolton is marked as due for re-payment by MT tomorrow.
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elliotn
Member of DD Central
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Post by elliotn on Jun 14, 2017 12:02:23 GMT
Was one of these where imminent repayment was expected about a month ago? oh ye of little faith :-) The Bolton loan has been marked imminent for a while but it's moving to COL and is fully funded there so I'd be astonished if it didn't go through. ps. Just noticed Bolton is marked as due for re-payment by MT tomorrow. De-listed from SM, now at a loss as where to put my shrapnel
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GeorgeT
Member of DD Central
Posts: 1,321
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Post by GeorgeT on Jun 14, 2017 13:33:46 GMT
I'm usually an eager beaver when it comes to new MT opportunities but I sat out this week's Wigan and Plymouth tranches because I'm already maxed out on those loans.
I have noticed liquidity on the MT SM has reduced, however I recently managed to sell a bit of Manchester that I was overweight in , but it took about 1 week.
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Post by faeryl on Jun 17, 2017 17:28:01 GMT
Just dropped some 13% on the sm.
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easylender
Member of DD Central
Posts: 248
Likes: 222
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Post by easylender on Jun 17, 2017 20:46:28 GMT
I'm relatively new to MT and trying to build up my portfolio. I've bought on the PM and SM all that my diversification rules will allow. I check most days for something new on the SM, but it's all multiple tranches of the same few loans. People complain that the SM is illiquid, but what do you expect if you dump large amounts of the same loans? Give me something different with more than 3 months to run and I'll take it.
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stevio
Member of DD Central
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Post by stevio on Jun 17, 2017 21:37:33 GMT
I'm relatively new to MT and trying to build up my portfolio. I've bought on the PM and SM all that my diversification rules will allow. I check most days for something new on the SM, but it's all multiple tranches of the same few loans. People complain that the SM is illiquid, but what do you expect if you dump large amounts of the same loans? Give me something different with more than 3 months to run and I'll take it. Can't really expect others give up best loans just because your late to party! Lots of longer term 11%. Could always buy more now and offload yourself later when something better comes up, saves cash drag waiting and least your earning while you wait. Very few 13%, 11% and 12% in equal proportion, so only 1% less. 11% are normally Broadoak with fairly decent quality. Smaller loans likely resell quickest
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Post by geraldine1210 on Jun 18, 2017 12:36:29 GMT
I'm usually an eager beaver when it comes to new MT opportunities but I sat out this week's Wigan and Plymouth tranches because I'm already maxed out on those loans. I have noticed liquidity on the MT SM has reduced, however I recently managed to sell a bit of Manchester that I was overweight in , but it took about 1 week. Fingers crossed that Bolton is definitely about to repay. That will help things along.
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Post by penguin on Jun 19, 2017 10:11:20 GMT
According to a statement from C on their section of this site, its a bank holiday in Gibraltar today (its the Queen's birthday, after all) therefore they expect to drawdown Bolton tomorrow
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Post by elephantrosie on Jun 20, 2017 22:45:44 GMT
theres a 13% loan with some administrative problems on the borrowers' side.
ive been trying to sell a loan for the past 3 weeks, but no takers. maybe MT should not bring out new loans so soon?
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theshape
Member of DD Central
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Post by theshape on Jun 20, 2017 23:02:54 GMT
theres a 13% loan with some administrative problems on the borrowers' side. ive been trying to sell a loan for the past 3 weeks, but no takers. maybe MT should not bring out new loans so soon? There's been a fair amount of purchases made today and I expect that will continue tomorrow. Your loan part may well sell in the next few days but if no-one wants it you may have to hold it to term.
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Post by lendinglawyer on Jun 21, 2017 6:00:17 GMT
theres a 13% loan with some administrative problems on the borrowers' side. ive been trying to sell a loan for the past 3 weeks, but no takers. maybe MT should not bring out new loans so soon? Or maybe to be blunt you should not have invested assuming the SM would bail you out at the first sign of trouble? Selling on the SMis a luxury not an entitlement. MT not exactly writing loans at an unsustainable pace from what I can see.
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mrflush
Member of DD Central
This is not me
Posts: 98
Likes: 40
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Post by mrflush on Jun 21, 2017 6:39:12 GMT
theres a 13% loan with some administrative problems on the borrowers' side. ive been trying to sell a loan for the past 3 weeks, but no takers. maybe MT should not bring out new loans so soon? So you want MT to stop offering new loans to the rest of us because YOU have invested in a loan that you no longer want and are unable to sell on the SM?
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Post by GSV3MIaC on Jun 21, 2017 7:53:35 GMT
As I've said before, it isn't really a marketplace - you can't negotiate prices, discount for a quick sale, 'buy one get one free', offer green stamps, or any of the other tricks you'll see in the average market. But you knew that before you bought in.
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