Revolving Receivables Waterfall about absbox HOT 5 CLOSED

Current the revolving features is not implemented on Receivable yet. but it's quite easy fix.

That's why when you "Buy" and "Sell" would failed at engine level. Because the buying/selling will involving pricing of the assets. But the pricing on receivable has not been implemented.

Probably I can make a quick patch tomorrow

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@Orangemaple23

After couple changes, now the 0.26.x engine supports ( the dev docker image and "https://absbox.org/api/dev" ) revolving on receivables. support 0411.ipynb.zip

there are items you may interest in :

• there is no revolving end condition yet, current deal will remain revolving status all the time.
  • Probably you can setup a trigger which will change the deal status to "Amortizing" ? ref
• I've change the "default" waterfall to "Revolving" which means the engine will pick up IF the deal status is Revolving
• in the collection, I've delete the cash collection, which is duplication with Principal and Fee. You may delete the Principal /Fee and keep the Cash
• if there isn't formula referencing issuance balance in the deal object . ( like pool factor, which use issuance balance as denominator ), you can just use 'issuanceStat':{"IssuanceBalance":0}

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Thank you very much for adding the revolving feature for Receivables and for the feedback! It's extremely useful! Just a quick question. When I model the deal with the revolving assets for receivables, I see that within the pool the cumulative defaults and cumulative losses don't increase with the revolving assets. Even though the defaults still occur with the revolving assets? Is there an option that I'm missing to ensure that the cumulative defaults also increase with the revolving assets in the pool?

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Yeah, I can reproduce the behavior.

The cumulative default/loss only includes from starting pool ( excluding the default/loss stat from the resolving pool )

I think that's missing from the engine. To be fixed #63

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Ahh understood, thank you!

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