Lets take the "WE FUND DEFAULTS AND SUPER SUPER HIGH RISK" marketing strategy out of this convo for a second.

As someone who rarely works on deals with default history, is everyone else seeing more defaults deals coming around (including the funders & brokers that don't market to funding defaults) ?

My thought process is:
1.there are only a limited amount of new deals coming into circulation.
2. there are more and more funders popping up who are desperate to fund. so you see deals that default once. then a second time and even a third.
3. I have also noticed that some of the corporate companies, who fund anything, are funding previous default deals without knowing, causing other funders to blindly stack them since they see some payment history and assumed the corporate company did the underwriting.