Replies to post #32562 on Value Microcaps Motherboard

[grimreaper]

Cl001: From TMFZ Nov. 10Q

This statement comes from the 10Q

"By retaining a substantial portion of our mortgage loans in an investment portfolio, we will be assuming significantly more interest rate and loan default risk than under our existing business strategy, where we sold the mortgage loans we originated generally within 30 to 60 days of funding the loans."

So instead of taking the loans and selling them, they are now relying on the interest payments from the loans.....too me, it's a big fundamental change in the business and you can't rely on previous numbers to forecast whether it is properly reflected in the current stock price.