United Development Funding IV fka UDFI

[Jh5142]

Page 6 is now included in the link:

https://www.sec.gov/litigation/apdocuments/ap-3-18832.xml

There is some interesting info inlucuded on that page. We know there were 59 loans in the portfolio as of 12/31/17. There were 127 loans in the portfolio in Sept 2015. Of those 127, about 50 were either finished lot loans, models/spec loans, or development loans with balances under $1mm.

Assuming those loans are paid back, would get you ro somewhere around 77 loans. take out the Buffington and some of the MM loans repaid and it seems like most of the portfolio is still intact.

Also interesting to see all the work being done assembling the loan files and to hear that the SEC invited UDF to present some of the previously undisclosed Hayman tactics.

We still don’t know the portfolio value but this is interesting additional info.