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tommiegun54

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tommiegun54

Re: None

Thursday, 07/15/2021 8:23:01 AM

Thursday, July 15, 2021 8:23:01 AM

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CLAIMS FOR Q2 2021 MINUS LOAN LOSSES EQUALS $151 MILLION NET CASH POSITIVE

CLAIMS 343
CLAIMS COST $17 MILLION
DELINQUENT INVENTORY REDUCTION $168 MILLION
= $151 MILLION NET CASH

LOAN LOSS DEVELOPMENT IS PART OF THE EQUATION HOWEVER, THE DELINQUENCY INVENTORY TREND IS DECLINING.

SO, LOAN LOSSES DEVELOPMENT WILL MOST LIKELY BE POSITIVE FOR THE QUARTER FOR THE NET RESERVES
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