Since, according to the Active Notes definition at the bottom of this chart, my Active Notes number (1694) is wrong, does that mean the average age of my active notes is also wrong?
With nothing else to do, I just decided to look again and wonder "out loud" to somebody here.
Portfolio Snapshot
5,441
Total Notes
$15,083.46
Portfolio Value
$255.73
Available Cash
1,694
Active Notes
$64,720.78
Interest Received
$125.00
In Funding
13.6 mo.
Active Notes Age
$14,202.32
Fair Market Value
4.21%
Loss Rate
Active Notes Distribution
Credit Grade (the distribution bars didn't show up, but their numerical values for each remaining principal category are wrong too)
A
B
C
D
E
F
G
Credit Grade
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
Remaining Principal
Loan Term
60
36
The Active Notes are those notes that haven't been Charged Off or Fully Paid yet. The Active Notes Distribution displays the portfolio exposure, by remaining principal, to different Credit Grades and Loan Terms.
Sorry for delay in responding. Do you still see incorrect number of active notes? We only count notes that are not Charged Off or Fully Paid as Active Notes.
Active notes, not charged off or fully paid, are 826 + 10 + 15 + 34 + 5 pending sale + 1 issuing = 891 + 7 settled last night = 898
Portfolio Snapshot says 1021 Active Notes. (123 notes discrepancy now)
That's several hundred closer than the 1694 Actives reported above a few days ago.
The Average Age has also changed, from 13.6 mos. to 22.5 mos. now.
The allocation chart is also more accurate now. However, the sum of the bar graph principals remaining is about $1800 too high.
Don't know why I only get 898 by adding everything I can think of or see that isn't fully paid or charged off, so I give up.
A separate puzzle arose for me this week regarding selling Houston affected ZIP notes:
Two on my PC list (68357561 and 62003108) returned "error--note not issued" when I clicked "sell".
I looked for them on my LC note list and they are nowhere to be found. Soooo---either the LC API
mistakenly sent them to PC, or PC mistakenly added them to my list some other way.
The next questions could be, did I really own them once? Or does somebody else have unknown missing loans/notes?
Or are these two listed on PC as being in both my account and somebody else's? They exist, because there are payment
records for the corresponding notes, and both are current.
I'm used to just skipping over anomalies like this at LC, so I can live with it (not worth wasting your time on).
Thank you for your response!