About Us  > Blog

Video: Mortgage and Consumer Finanancing Environment

by Prosper on 08/25/09

Pete Bonnikson, a 28 year mortgage veteran, provides his “take” on the Mortgage Industry and P2P Lending.
Watch the Video

“I’d have to say its the toughest mortgage environment that I’ve seen in my time in the business. It’s actually unprecedented how conservative lenders, in particular big banks, have gotten over the last year. I think the end result- its actually quite unfortunate, It’s freezing out from the markets a lot of very high quality borrowers, who in years gone past would have had access to loans that are really being frozen out today.”

Watch the entire video below:


Leave a Comment

Prosper moderates all comments and will approve those that are directly relevant to the post. We do not publish comments that are spam, are offensive or appear to pass you off as another person.

(required)
(required) Email will not be published.
 

Comment Policy

 

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

One Response

Trackbacks


posted in Featured,Guest Bloggers,Lenders,Prosper News 1 comment »

Connect with us

Search

Lenders

Karate Academy Improves Student Training with New Equipment

By Prosper on 03/4/15   [ 0 ]

Posted by Bill Walker Note: This post is based on a video submitted to our $2 Billion Strong Contest. To see more videos, visit our Facebook page. Kevin Johannes, a seventh degree black belt and owner of TASK Karate Academy, borrows through Prosper Loans because it offers him the best interest rates. But, that’s not [...]

Read More

Prosper Marketplace Partnership with Western Independent Bankers Expands Credit Opportunities for Small Banks and Their Customers

By Prosper on 02/26/15   [ 0 ]

We’re excited to announce today a partnership with Western Independent Bankers — a consortium of small community banks — that will give more banks the opportunity to offer credit to their customers, and more consumers access to affordable loans. Banks are under increasing pressure to deliver attractive interest rates for all consumers, and smaller banks [...]

Read More

Prosper Marketplace Announces Acquisition of American Healthcare Lending

By Prosper on 01/27/15   [ 0 ]

Today, Prosper Marketplace is excited to announce its first-ever acquisition — American Healthcare Lending, a leading patient financing platform. This is an important step in expanding our capabilities and bringing our product into a market where we believe it can make a positive impact. Healthcare lending is a growing industry, and one that we’re excited [...]

Read More

« Older Entries

Monthly Archive


Notice: Blogs and other materials posted on or linked from this page that use the name "Prosper" generally use that name to refer to Prosper Marketplace, Inc. if published before January 31, 2013 and to refer to Prosper Funding LLC if published on or after February 1, 2013.