Posts Tagged ‘ Investments ’

Ongoing economic challenges cannot be solved simply by fixing the traditional financial institutions, which proved to be opaque, fragile, and in some cases reckless. Navigating this ongoing financial crisis means embracing alternatives and new innovations that will make the country less dependent on Continue reading Innovative Financial Startups Band Together

We are thrilled with the results from Prosper’s first two months of operations since re-launch. Lenders are really capitalizing on Prosper’s best in class rating system and auction pricing model. Continue reading Prosper Lenders Are Doing A Great Job Pricing!

Pete Bonnikson, a 28 year mortgage veteran, provides his “take” on the Mortgage Industry and P2P Lending.
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Continue reading Video: Mortgage and Consumer Finanancing Environment

Today’s topic focuses on what in the industry is called “Recoveries”. A recovery is the amount of money that you can extract from a debtor once a loan has been charged off and the value of the asset has been written down to zero. Although effective collections on charged off loans can reduce the impact of credit losses, Continue reading Collections Series - Part 2: Debt Sales and Charge-off Collections – Status and Plans

Prosper reopened to Lenders on Monday, July 13 and we are pleased to inform our Lenders in Connecticut, Idaho, New Hampshire and Oregon that we have received state clearances and are now effective for business. We already have hundreds of lenders and borrowers participating in the first auction based peer-to-peer loans platform Continue reading Now open to Connecticut, Idaho, New Hampshire and Oregon Lenders