Quote Originally Posted by Art View Post
I see it as a positive too. Looking forward to getting a little bit of cash for my charged-off loans - I wonder when we will see some money coming in?
I see it as further Negative.

HM were NOT actively doing it before this. ( 14 loans have been written off = NO Collections ever )

Now they are willing to have a Dutch Auction to Sell off Bad Debt to a 3rd party.

To me this is HM just washing their hands even more vigorously of the Investors Interest. ( Literally plus Capital!! )