Market Survey

 

September 2008 Market Survey Results for Prosper Personal Loans

Prosper, America’s largest people-to-people lending marketplace for personal loans, released results for September 2008.
Chris Larsen, discusses what role Prosper will play and what trends we are seeing in the wake of this full blown crash of the global financial system.
Market Commentary By Prosper Co-founder and Chief Executive Officer, Chris Larsen
In the midst of one of [...]

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Prosper Releases Market Survey Results for July 2008

Prosper, America’s largest people-to-people lending marketplace, today released results for July 2008. For the first time, the survey includes statistics showing how borrowers who list and get funded in the Prosper marketplace indicate how they plan to use their personal loans. Also noteworthy, the percentage of prime borrowers (borrowers with 720+ credit scores) hit an [...]

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Prosper Releases Market Survey Results for June 2008

Market Commentary By Prosper Co-founder and Chief Executive Officer, Chris Larsen
In June, two very interesting independent academic studies were released. The first study by Economists Ginger Zhe Jin and Seth Freedman of the University of Maryland looks at Prosper’s market since inception to determine average returns and other interesting conclusions about the market.
Another study led [...]

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Market Survey Results for May 2008

Market Commentary By Prosper Co-founder and Chief Executive Officer, Chris Larsen
In May, a record number of loans – in terms of dollars and units – were funded in the Prosper marketplace. The sudden increased supply of loan listings with an attractive risk-return tradeoff (as cited in last month’s survey) was the key driver of the [...]

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Market Survey Results for April 2008

Market Commentary By Prosper Co-founder and Chief Executive Officer, Chris Larsen
In April, we saw the supply of loan listings with an attractive risk-return tradeoff hit an all time high and approximately double compared to the prior month. At the end of March, the supply of loan listings with an attractive risk-return tradeoff was approximately $5 [...]

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March 2008 Prosper People-to-People Lending Market Survey

Market Commentary By Prosper Co-founder and Chief Executive Officer, Chris Larsen
As we have previously reported, Prosper’s mix of “well priced” loans – loans with an attractive risk-return tradeoff – has dramatically changed from the same period last year with approximately a 200% increase in the percentage of “well priced” loans and a six-fold decrease in [...]SHARETHIS.addEntry({ title: “March 2008 Prosper People-to-People Lending Market Survey”, url: “http://blog.prosper.com/2008/04/08/march-2008-prosper-people-to-people-lending-market-survey/” });

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Prime Borrowing on Prosper Hits Record Levels — February Marketplace Survey

Market Commentary By Prosper Co-founder and Chief Executive Officer, Chris Larsen.
In February 2008, the percentage of prime loans funded on Prosper once again hit record levels, accounting for 43% of originations. At the same time, the percentage of prime listings on Prosper hit an all time high of just over 18% — a big jump [...]

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December 2007 Marketplace Survey

Chris Larsen CEO of Prosper provided the commentary in the December 2007 Marketplace Survey. He places the Prosper Marketplace in the larger context of the “subprime” meltdown including the credit crunch that is being seen nationwide. His assertion is that all aspects of lending are affected by the credit tightening including the Prosper marketplace. Lenders [...]

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Prosper’s Abundance of Performance Data: An Asset to Borrowers and Lenders

Kirk Inglis, Chief Financial Officer of Prosper.  Quote: “The $100 million milestone is a reminder that Prosper’s rich and unique set of historical performance data has the potential to benefit both lenders and borrowers.  The free flow of information is the cornerstone of any successful marketplace and Prosper is committed to making its marketplace data [...]

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Lower Borrower Rates, Fewer Subprime Loans Funded

In last week’s Wall Street Journal article “Interest Rates Defy Rate Cuts,” James Bianco, president of Bianco Research LLC, a market-research firm in Chicago said, “Even though the Fed has eased three-quarters of a percentage point since September, the market has only gotten between 0.25% and 0.50% of that easing. If you look at it [...]

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Did Prosper Anticipate or React to the Fed Rate Cut?

When the Fed cuts interest rates people often expect mortgage rates to drop. However, this is rarely the case given that mortgage markets typically anticipate rather than react to moves by the Fed. On the flip side of the coin, the variable credit card and savings rate markets react sometime after the Fed moves. In [...]

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