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Re: Enterprising Investor post# 452

Tuesday, 12/11/2018 1:35:11 PM

Tuesday, December 11, 2018 1:35:11 PM

Post# of 1831
https://bexar.tx.publicsearch.us

that is a link to Bexar County official records search.

You can do searches for anything recorded against properties (lien releases, etc).

UDF IV had several loans on deals in Bexar County. You can find a lot of activity on these deals indicating that normal business operations is continuing at UDFI.

Most of the activity is related to partial lien releases as builders buy lots. There are some other recordings that indicate the develop brought in a new senior lender and UDF subordinated to that new senior lender. Presumably, the senior lender was brought in to finance development. At any rate, everything that I've run across on this link suggests the loans are performing. Although, we don't know if there have been impairments, or reserves.

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