Longer Loan Terms on SoFi’s 1st Rated Consumer-Loan ABS

by | Jun 15, 2016 | Press

Bloomberg First Word by Adam Tempkin (June 15, 2016) SoFi’s first rated securitization of unsecured consumer loans, the $379.8m SCLP 2016-1, has a top rating of Single-A, 25% CE, and is backed by collateral with a larger percentage of longer-term loans vs its...

P2P ABS Spreads Tightened Post-LendingClub Shakeup: PeerIQ

by | Jun 6, 2016 | Press

Bloomberg First Word by Adam Tempkin (June 6, 2016) Existing marketplace lending (MPL) ABS investors are eager for more deals in the secondary mkt, according to PeerIQ monthly update published June 5. MPL ABS credit spreads continued to tighten in the secondary...

The Mercurial Nature of P2P lending

by | May 23, 2016 | Press

TechCrunch by Mike Lobanov  (May 23, 2016) The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Funding Circle, SoFi,...

The Online Lending Scare

by | May 22, 2016 | Press

Washington Post by Robert J. Samuelson  (May 22, 2016) Could online lending cause the next financial crisis? While the odds seem overwhelmingly against it, the recent turmoil at LendingClub — a leading online lender — makes it hard not to ask the question. There are...