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Description
From point view of SPV
As opposed to "Payable", there are couple components that can yield cash to the SPV
- Pool -> pool proceeds
- Hedges( Swaps )
- Accounts -> interests
What to collect ?
The income cash shall be tagged . it's a "Recovery" or a "Principal" or "Account Interest" ?
Statues Change
- Accrue
- timestamp an accrue date, create the "cash" available to be collected
- Collect
- collect the cash and mark the "collect date"
- remove the "cash" available component
Settle-able
if a type is Collectable meanwhile it is Payable
Then it shall be a new class called Settle-able which has a netting method
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