PNC pioneer credit limited
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I have always assumed that the forward flow is non performing >...

  1. lordolean
    3,107 Posts.
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    10/06/22
    17:15
    Post #: 61947416
    I have always assumed that the forward flow is non performing > 180 days in arrears and passed on by the banks for collection. PNC then converts them to performing or takes a haircut of upfront payment.

    Its always been a part of the business model....
    PNC Price at posting: 47.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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