Northeast Bank(NBN) - 2024 Q2 - Earnings Call Transcript

Company Participants Conference Call Participants Operator I will now turn the call over to Rick Wayne. Mr. Wayne, you may begin. First, talking about the loan volume in the quarter. The purchased loans activity of $186.1 million invested on $208 million of UPB or 89.5% purchase price is our second strongest purchase quarter only behind the approximate $1 billion of loans purchased one year ago, so very, very strong. And on that topic, on the purchase loan market, weÂ're seeing a fair amount of good, very g ...