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actofwill

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actofwill

Re: Phaedrus77 post# 948

Friday, 03/26/2021 9:24:10 AM

Friday, March 26, 2021 9:24:10 AM

Post# of 1855
They are repaying but not on a net basis.

If its a growing market, which it is, it could be that UDF balances could be in fact increasing on new loans.

In which case UDF's book value has been growing.

Unless you think it's a Ponzi scheme.
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