J. Darrin Gross
I'd like to ask you, Martin Saenz, what is the BIGGEST RISK?
Martin Saenz
I would say compliance, being out of compliance, so missing something in the due diligence process, such as you buy a loan that's outside the statute of limitation, and you and you begin legal activity on that loan, then then you could be held liable as an organization. So there's a risk that way? Property, the collateral, right? That's it, that's really what's backing the the obligation at the end of the day. So not having force placed insurance on a senior lien mortgage note in the house burns down, then, you know, you're not going to get paid, you know, you need force placed insurance, errors in emissions from an insurance perspective. You know, there's just there's, there's so much, you know, we say paper, but this paper is full of words that are written by attorneys. And there's a lot of those pages. So so, you know, just making sure that, you know, say all the promissory note, all the collateral files have been signed and initialed by the, by the, by the bars. And whereby, you know, they're validating that debt to, you know, to be there and existence. And so I would say some of those and then licensing to I mean, you have to have certain licenses to operate in certain states. So if you're, if you're operating out of compliance from a licensing perspective, then you can have a state regulatory body come down on you with fines and in they could they could prohibit you from operating in that state.