The recent rebuke by the Solicitor General (SG), a unit of the Department of Justice, concluded that Midland Funding LLC (a nonbank collection...
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As illustrated in today’s article in Bloomberg, while some banks are pressing pause, long term investors like Prime Meridian are pressing forward by...
Since it presented itself in 2005, the P2P lending market (which matches lenders with borrowers for personal loans, real estate, commercial loans,...
Lending Club’s ouster of Chairman and CEO Renaud Laplanche and 35% drop in stock price has rattled the marketplace lending industry. Meanwhile,...
“The loan performance on our LC book (as well as Prosper) remains strong. The internal controls and audit process at LC actually worked successfully...
Silicon Valley once threw money at startups that aimed to disrupt broad swaths of finance. Now it is rewarding those that have sharpened their focus.
For those looking to sidestep the red tape of traditional real estate bank loans the peer-to-peer (P2P) real estate lending marketplace is growing in...
SAN FRANCISCO, April 6, 2016 /PRNewswire/ — Leading online credit marketplaces Funding Circle, Lending Club (NYSE: LC) and Prosper Marketplace today...
Fund manager Don Davis had been buying online loans for several years when there was a spike in calls from worried clients. In recent months, they’d...
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Marketplace Lending for Institutional Investors and Wealth Managers: An Overview
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