(sql to produce statistics at the end of post)
In May, Prosper originated more loan volume than in any previous month roughly 9.6M loans the vast majority were credit grades AA-C. This is great news for Prosper on 2 fronts: total volume and loan quality. Here is the breakdown…
May 2008 Prosper Origiantions
Credit Grade
Loans
Amount
Amt / Loan
% total
AA
223
$2,003,970
$8,986
20.9%
A
225
$1,924,277
$8,552
20.0%
B
270
$2,084,555
$7,721
21.7%
C
388
$1,979,505
$5,102
20.6%
D
295
$1,202,235
$4,075
12.5%
E
82
$185,909
$2,267
1.9%
HR
120
$220,425
$1,837
2.3%
Total
1603
$9,600,876
$5,989
All [...]
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Continue reading → Prosper in May Set a New Monthly Loan Origination Volume High Water Mark
