United Development Funding IV fka UDFI

[Phaedrus77]

There’s a defense filing today that says UDF still hasn’t produced financials for any time period after the attack. They also claim the doctored spreadsheet for the Buffington loans still hasn’t been produced.

Nice to know that it’s not just its owners that UDF mgmt is leaving in the dark.

UDF makes it sound like they are angels and have never done a single thing wrong. Bass claims Greenlaw is a sociopath that threatens to kill people, among other things.

I’d like to believe UDF isn’t full of shit in how it represents itself, but my guess is that the truth lies somewhere in the middle. Bass brings up a good point in that Greenlaw, etc had the company pay the SEC fine that was leveled against the executives. If it’s true, that’s some pretty shitty behavior.