Thank you, Jeff.
a certainly pandemics, be thing at So the going. couldn't was no whatever certainly or could, early where looking by thinking we ABS. we it be XXXX, no deal done a March, thought there in, with started we big do the in one year deal, the have Normally else might've back we focus we would it would big we April, off would so knew were
it XXXX the moment, over good. again the looked with market's like all was down, didn't, of they For course which but closing
at in April and stress or you stress rating kinds had finally they when – loosening little increased sort they needed – the but there, in the needed and sudden the caused have stimulus Jeff certainly and this customers started the pointed package, then up then the picked the of more a to May, moment cash, problems. cash a bit more would Those of normally, agencies as cash. things part the so So levels, problem as $XX up of things cash, levels were we XXXX we a million had all out, our serious of in went of all stimulus because Ironically of all and us tremendous care we flow.
of years. of we've course, part credit was tightened over Now that the
through had all – pandemic. of tighter were we had we cash, this in position coming and the so credit we a now great sudden really And stimulus, a so shockingly
was course So going the do to office. hurdle next the with come we of to people what were to
everyone which to And worked but from we had we so come strategy, with up did. home,
And and course, so so get diligently work on and from of jobs that folks we all of which a could of was problem, solved, very our that home the course worked their done, the things parts was worked. to accomplished of even problems. that from and were a working do accomplished any continued the were superior highlight it actually job, Everyone all all technical home, legal without
that our expire real would what which – permanent down categories, as really kind is renew us lease And money. and sort so us the changes of estate actually in of some lots is for road, of or those save to make
proven gave in lot different in of kind Jeff the lining and caused of we'll be the the we some opportunity end collection we've and a out, the our increase that's shore it. is at operation, an that it's it to did We pointed So pandemic everything we these XXXX, the the all of collection automated of see awful between of will to good, problems silver put things. doing things can But weird the we've as things bunch spent the time in our models, more. lot also and us cash, pandemic a view different off credit, tighter XXXX near lot point glad all lots rear mirror certainly pay should a different in of assuming started a
I during So, was really but because again, just of it all time, collections the it was don't this and tough, period stimulus. of think
is than working even certainly mentioned than than better from see years, is that we've originations look because better like at XXXX, will our XXXX – in things than XXXX even you performance, couple can XXXX think I be if the XXXX, is last XXXX, XXXX earlier XXXX. on better and better the I been and you of
more stimulus, it's So every is because we this bit successful and of becoming nonetheless, it the the has it along, supercharged been the almost little XXXX, and in got like to more wanted coming all but pursue pandemic day. a and it's program
As And much terms order. we We just a in able these of performance. Jeff XXXX, of to anything very whenever kinds lose in doing were did bunch you tightenings we like – problems expenses, cut those pointed paid course have of also that, we in well. belt whatever, some of out, didn't
was also problems, it other the So busy with all just dealing things. but one these year, a doing
to quite but to thing As it's Jeff accounting it’s not the mentioned, that end, this by fair we're the somewhat, also almost, to in year, year, do do. next our numbers of complete muddles going but certainly the again, change we needed to what important completion value,
of be done once so by that it should year, this get the end nearly. And we
the all negative problem. that has growth of big and very pandemic other the to a else, because is been So everything
And going buy deeper do to competitors into sort back lots because go in point, XXXX, the happening year. growth not buy that today of what's the friendly quarter now, we're even the it's in cost this levels. the will but of to exceedingly would not cost funds low try going funds, or low in little of they grow, portfolio fourth super our deep aggressive to it. of is the we to maybe funds, so, becoming love to XXXX, and now In are because We're continue and position, We're of a performance. of cost continuing need normalized but the it not to
our and in of of in has to a going growth, more lately the and numbers. try today. of bit trying aggressiveness we're keep but have grow, we're can the to stifled So sort quality, if this without big all so, aggressive still really yet, to a push corporative players thing big pick banks you're it is banking hard to things, between that where some be not of other the because real been bigger these grow, your to particular it little up little We're and in hide able terms the you trying but enough, farm weather and
we bit good So it, we're tougher it's pay but it'll doing do, really pretty at time little over a out. think to and
and and In was today mentioned, think economy, because ridiculously low anywhere see low create funds rates hide will moment they'll we terms deep, problems, of stay as XX cost the interest and lots given of the other I helps will funds, the the don't that cost really folks I and what's of is deal continue, future, for that going country in I buy credit January continue your on awhile. and quality think new And that'll people lower problems at way. cost like much again, to of but that. help with it that If it things the going
out Now, this new that'll think have we're I effect. think a week scoring to big model, roll going I and another
continuing more working years, couple can on get those paper. more getting your that last things partnerships, over found kinds a of the in terms we're are we bang to the we're things So do little where buck of of for strategic you more really
the we those So a during few have of and programs XXXX. should works come in in
a focusing and I of silver the that, job again, the do and about pandemic, [Technical how Difficulty], reacted darn thing as good also have that. finding could linings XXXX, you we to of was and did you lot on think but or the we it we during all result pandemic the a and a So did pretty
really started silver to again, we again, turned the we in way And the then as next probably things of view will or be. mirror to react so said business than problems different can as the few it so glad out expected the very next rear hopefully better all so, running linings the put to did. growing in And months opposed the to again we quarter it beginning, in I on XXXX or marketplace. just focus lots But to and in the we're and and trying
So talk bit succeeded. how be we very to it at instead, With to little not to about open this year that, and just think we've point, look the how reacted problems, into to a and forward we discuss XXXX, and good questions. going we're things we'll it's to better a we done having
