by Vy Phan | Jul 9, 2017 | Blog
We are pleased to release PeerIQ’s latest securitization tracker. Some highlights: This quarter we see quarterly issuance of $3.0 Bn, representing 76% growth over 2Q2016. To date, cumulative issuance equals $21.9 Bn across 92 deals. Multi-seller club deals and...
by Vy Phan | Jun 25, 2017 | Blog
President Trump nominated James Clinger, former Chief Counsel of the House Financial Services committee, to chair the FDIC. Clinger previously worked as a staffer for Jeb Hensarling (R-TX) who authored the Financial Choice Act. Clinger also helped author the...
by Vy Phan | May 22, 2017 | Blog
The NY Fed issued its Quarterly Report on Household Debt and Credit. Consumer lending growth has continued for three consecutive years after a period of deleveraging following the Great Recession. Total debt held by American households reached a record $12.73 Tn in...
by Vy Phan | May 14, 2017 | Blog
A year after the Lending Club May 9th disclosures, investors and platforms are reflecting on the future of fintech. PeerIQ held a panel discussion this Tuesday titled, “What’s Next in Fintech Lending” featuring speakers including moderator, Peter...
by Vy Phan | Apr 30, 2017 | Blog
Earnings season continued this week with reporting from card issuers that focus on mass-market credit products including Capital One, Synchrony Financial, and Discover. We see a bifurcation in credit performance trends between mass affluent credit card issuers, and...