All good points, Phaedrus. As long as they file financials and there is still significant value left, UDFI will be able to correct the narrative that Bass has put out there.
If they get things in order, I think they will be able to start lending again. It all depends on what the portfolio look is like- if there is 25% value left, they should think about winding down. If there is 75% or more I think they will recover in time.
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