Looks like the site isn't working. Details below
Printable View
Hi PP, I amy be doing something wrong but the link takes me to MS Azure but doesn't bring up Precis - just the page in the screenshot attached and the links in it don't seem to lead me to your app...
Attachment 9603
How much further is the platform RAR going to drop? Just noticed its down to 10.0% now, it was at 10.8ish when i started this little game.. Any idea when/where it is going to stabilise?
mines doing this
looks like it might be somewhat stabilizing, but its only been ~4 months
Attachment 9607
Attachment 9608
My RAR graph
And here's my RAR graph - seems to have peaked and I am being more picky in my investments
Attachment 9609
I imagine the platform RAR could drop further as the lower interest rate regime works through the system and more of the higher interest rate regime notes get repaid or charged-off.
As average charge-off rate was disclosed at about 22% of gross interest (presumably under the old higher-interest rate regime) then a further deterioration of RAR may be possible depending on how effective the new system is at assessing credit worthiness of borrowers.
This is a pre-tax RAR (net of charge-offs and fees) and it is up to you and your other independent advisors to determine if you are able to deduct charge-offs and/or lender fees for that matter. The RWT is levied on the gross interest.
Multiple factors are in play, not least fee changes and rate changes which take time (up to 5 years!) to fully work through. I also think we may have had a period of unexpectedly low write downs and are now returning more typical levels. Mix of loans and mix of lenders would also impact the platform RAR and I think payment protect will be added at some point to complicate the historical pattern further. It would be quite a bit of work to unpick all of that!