Comments to that. Its what we discussed to the property. There is substantial appreciation already built into it what i refer to as a season low pool. Commissioners, i left out one big one and that is that we are getting no income for the duration of the loan. That would be considered your risk factor . Yeah. There is no income. It depends on the value at the end of the loan. So we can be holding these loans. Im trying to think of the scenarios. Holding the loans and we are virtually getting nothing on our money. Is that true during that time . We are working on the change in price. Its no dividend. Commissioner mei berger is right. This is an equity position with no dividend. Could we be holding these loans for 40 years with no income that is correct. Thats possible. We think its more likely that the average Holding Period would be Something Like 1020 years. We dont know what those numbers are yet. Out of the 17year history of this program, that means if all the loans were equally wei
Comments to that. Its what we discussed to the property. There is substantial appreciation already built into it what i refer to as a season low pool. Commissioners, i left out one big one and that is that we are getting no income for the duration of the loan. That would be considered your risk factor . Yeah. There is no income. It depends on the value at the end of the loan. So we can be holding these loans. Im trying to think of the scenarios. Holding the loans and we are virtually getting nothing on our money. Is that true during that time . We are working on the change in price. Its no dividend. Commissioner mei berger is right. This is an equity position with no dividend. Could we be holding these loans for 40 years with no income that is correct. Thats possible. We think its more likely that the average Holding Period would be Something Like 1020 years. We dont know what those numbers are yet. Out of the 17year history of this program, that means if all the loans were equally wei