Quote:
Originally Posted by John Mercier
I wonder if they did hold too many in the portfolio.
There is usually that little extra with the interest... but when things reverse like now... it can hurt earnings.
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Sounds possible, and they may not now be able to sell those loans (favorably). However, refusing to take new loans at higher interest rates and acquisition costs, doesn't appear to solve a low income portfolio issue. Waiting to "hear
the rest of the story."