by Vy Phan | Oct 23, 2016 | Blog
Bank earnings came in stronger than expected this quarter, driven by improved fixed income trading revenues and lower legal fees. Delinquency rates remain at decade-lows and credit quality is high, although a re-normalization of credit performance to historical levels...
by Vy Phan | Oct 17, 2016 | Blog
The CFPB ruling and Marcus platform dominated headlines this past week. The CFPB was ruled unconstitutional by the United States Court of Appeals for the District of Columbia Circuit in a landmark decision on October 11th, but rejected the idea of shutting down the...
by Vy Phan | Aug 21, 2016 | Blog
Prosper announced Q2 earnings this week. We summarize key statistics below, and focus this week’s newsletter on the components of the Loan Purchase Agreement. Anatomy of a Loan Purchase Agreement Purchasing raw whole loans involves substantial legal and administrative...
by Vy Phan | May 30, 2016 | Blog
Conferences: CEO, Ram Ahluwalia, will join a panel discussion entitled, “Alternative Lending Securitization and Similar Capital Sources,” on June 9th in New York—RSVP here. PeerIQ will speak at SCI’s 2nd Annual Marketplace Lending Securitisation Seminar onJune 28th in...
by Vy Phan | May 8, 2016 | Blog
As earnings season unfolds, platforms are displaying flexibility in their funding models: Lending Club has renewed its emphasis on retail sources of funding. SoFi is reportedly courting sovereign wealth funds and selling conforming mortgages to a ready buyer in Fannie...
