by Vy Phan | Jul 7, 2016 | Press
Bloomberg by By Felice Maranz and Matt Scully (July 7, 2016) 1Q delinquencies fall q/q as consumers continued to manage finances “responsibly,” as more have jobs, wages/home values are higher, people didn’t overextend themselves during holiday season, ABA says in...
by Vy Phan | Jun 15, 2016 | Press
Bloomberg First Word by Charles Williams (June 15, 2016) Current spread levels in marketplace lending ABS reflect increased sponsor and servicing risk in the sector, Wells Fargo analysts John McElravey and Ryan Brinkoetter wrotein research note yesterday. Investors...
by Vy Phan | 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...
by Vy Phan | Jun 12, 2016 | Blog
We see classic supply-demand levers at play in marketplace lending industry. To improve the attractiveness of loans to investors, Lending Club reported last week that they will raise rates by a weighted average of 55 bps across grades, the largest rate increase in its...
by Vy Phan | 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...
