Replies to post #456 on United Development Funding IV fka UDFI

[Phaedrus77]

Presumably their cash & investments balance would be a lot higher than it was in 2015. I assume loans were repaid, UDF repaid its debt and then had nobody to lend the excess money to.

[ICXCNIKA]

I am very concerned about these subordinate and unsecured loan, especially with Dallas housing market turning over. Hopefully most of those have been paid off.