Hearing a couple more murmurings about foreclosures and extensions, etc…I know we have a thread on Tides but it sounds like even more shoes have dropped. Curious what has happened with these guys, and whether they are operating within reasonable/prudent parameters or if they are worse off than other lenders (understanding that the 2021-2023 vintage may not be that great for anybody). I knew a couple brokers who would roll their eyes and make cryptic statements about MF1 over the years but I haven’t ever gotten a ton more than just innuendo from IRL contacts.
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