November 19th, 2008 — , Lendingclub, News & Updates from LendingStats @ LendingStats
Just wanted to let everyone know that the kind folks at LendingClub are offering a $25 sign up bonus for new lenders for the month of November only. If your interested click here to sign up. (Thanks Rob)
I have checked out their site and here are some comparisons to Prosper:
Borrowers are screened more thoroughly. Better [...]
November 17th, 2008 — , News & Updates, Prosper from LendingStats @ LendingStats
Prosper recently added a new loan status Defaulted (PaidInFull). These loans will be grouped under the Paid loan status instead of defaults. (I think this status encompasses loans that were in the charge-off status but were fully paid).
The nightly update is patched to reflect these changes as of today.
November 6th, 2008 — , News & Updates from LendingStats @ LendingStats
Prosper recently charged off numerous loans. These loans were not sold to a debt buyer and are technically still in collections. However, they are effectively defaulted so we’ll categorize these loans under the Defaulted (NAT/Charge-Off) category.
Non-update related: Fred93’s blog. Always found his posts to be very insightful so hopefully by mentioning it here, it will [...]
October 15th, 2008 — , Investing, News & Updates from LendingStats @ LendingStats
Prosper just suspended lending in order to create a secondary market for loans. (Essentially an exchange where you can buy/sell loans without waiting for maturity). The details for the new market place are found in an old blog post here.
“Prosper intends to charge all selling Lenders a nonrefundable resale listing fee of $0.25 per Note [...]
Related StoresOctober 2nd, 2008 — , Investing, News & Updates from LendingStats @ LendingStats
With the recent financial mess I couldn’t help but think about how true this quote is. Here we are on the brink of financial armageddon and we’re held hostage by the finance industry of this country. As a result, congress has to passed a 700 billion dollar bailout plan to get the credit markets rolling [...]
Related StoresSeptember 29th, 2008 — , Investing, News & Updates from LendingStats @ LendingStats
Today’s drop in the US equity market is going confirm the idea of a recession in the minds of many Americans. Hopefully your sitting on a substantial pile of cash that you can invest with in the coming months and year. If the government and the Fed have their way we’ll get inflated out [...]
Related StoresJuly 24th, 2008 — , News & Updates, Prosper from LendingStats @ LendingStats
This update fixes/enhances a couple of front end issues.
Renamed “Defaulted - Repurchased” to “Defaulted - NAT” (NAT = New Agency Test Loans). These loans were previously picked up through an automated script, however Prosper has now recategorized them as Defaulted. Per user request, we have hardcoded these loans as “Defaulted - NAT”. (this in no [...]
July 10th, 2008 — , News & Updates from LendingStats @ LendingStats
We just fixed a slew of bugs including a particularly irritating one that affected account creation and changing your account information. Sorry about that. If you notice any more bugs, please help us out and report them to <Turn on JavaScript to view our email address>. Thanks for notifying us of this issue. (Asparagirl, Jess)
Related StoresJune 1st, 2008 — , News & Updates from LendingStats @ LendingStats
This update takes care of a lot of loose ends from the previous release as well as a long awaited ROI update. Once again, thank you for all your feedback.
Lenders in some cases will notice a significant drop in their estimated ROI. This is because of several tweaks made to the ROI calculation including:
Repurchased loans [...]
Related StoresMay 28th, 2008 — , News & Updates from LendingStats @ LendingStats
We are aware of the watch list problems and we are working to correct the problem as soon as possible. Thanks to everyone who reported the issue to us. If you notice any other problems, please email us at <Turn on JavaScript to view our email address>. Try to be as specific as possible in [...]
Related StoresApril 30th, 2008 — , News & Updates, Prosper from LendingStats @ LendingStats
Hi everyone,
This update took a little longer than usual because it contains a significant amount of changes. Sorry about keeping you waiting 
If you notice any bugs please shoot an email to <Turn on JavaScript to view our email address>. We’re still going through all the feedback that’s accumulated, so give us some time [...]
Continue reading → LendingStats Accounts, Extended Credit Data, Watch Lists & More
February 6th, 2008 — News & Updates from LendingStats @ LendingStats
We’ve updated our contact information to better address your requests. We’re still transitioning from our old email address, so please resend your emails to our new address if we don’t get back to you within a few days. Thanks, and keep the feedback coming.
Here are the highlights of what’s changed in this update:
Added a Bid [...]
Related StoresDecember 8th, 2007 — News & Updates from LendingStats @ LendingStats
We added a couple of new features as well as the usual assortment of bug fixes and interface tweaks. If anything doesn’t work as it should, please let us know. Thanks for all your feedback!
Added a new page called Loan Map which allows you to view Prosper loans graphically on a map.
Added “friendly” URLs. For [...]
October 18th, 2007 — News & Updates from LendingStats @ LendingStats
Added an audit page for the Estimated ROI. You can now click into the Estimated ROI on the Member Profile pages and see how the number is being calculated.
Updated Average Loan Age Weighted to include Paid/Defaulted loans. This will affect the Estimated ROI for older portfolios (boost up in ROI).
Updated the chance a Late will [...]
Continue reading → Estimated ROI Update & New Customization Features
September 28th, 2007 — News & Updates from LendingStats @ LendingStats
A number of things have been added in this update. Here are the highlights:
- The Lender Breakdown page has been updated and renamed the Lender Overview page. You can use this page to get an overview of lender ROI.
- Added an “Active Lenders and Borrowers” chart to the Prosper Membership Growth page. (Steve)
- The “Customize” [...]
August 18th, 2007 — News & Updates from LendingStats @ LendingStats
Slowly getting back on track. If you have questions/comments please post a comment or shoot us an email. We’re still sorting through the mounds of email that’s accumulated the past month, so if you feel your request hasn’t been addressed in a timely fashion, feel free to send us a follow-up email.
As requested, a Lend [...]
Related StoresAugust 7th, 2007 — News & Updates from LendingStats @ LendingStats
We’re back after a longer than expected hiatus. We apologize for the delay between updates. There’s a saying that things happen in threes, well, in a perfect storm of sorts, our web programmer needed to take a leave of absence last month. Between that, the Prosper data changes, and our backend changes/server migration, we’ve been [...]
Related StoresJuly 30th, 2007 — News & Updates from LendingStats @ LendingStats
We appreciate feedback from our visitors. It lets us know where we have to improve and helps shape the direction of the site.
One of the things we noticed when reading through our email feedback was the amount of useful information submitted by our visitors. Many of your questions, concerns, and comments were broadly applicable to [...]
June 20th, 2007 — News & Updates from LendingStats @ LendingStats
Just a note on the lack of Prosper data updates lately. Prosper made changes to their data export format and we’re updating our calculations to account for them. Unfortunately, it’s taking longer than usual because the changes were made without prior notice to 3rd party sites like ours and came at an especially bad time [...]
Related StoresJune 2nd, 2007 — News & Updates from LendingStats @ LendingStats
Added a Listing Profile page, this allows you to look up listings older then 365 days. You can get to this page from the Loans List page by clicking the ListingID.
Added a Loans By State page, you can see how loans perform by state now.
Modified the Historical Loan Performance page. You can now filter by [...]
May 4th, 2007 — News & Updates from LendingStats @ LendingStats
Added a customize section to the Total Loans Funded page. You can break that page down by credit grade, DTI, etc. (Got the idea reading through pninen’s Late Loan Statistics thread on the prosper forums.)
The Time Left column has been added to the Active Listings and Listing Picker pages.
Fixed a bug where a borrower’s loan [...]
April 25th, 2007 — News & Updates from LendingStats @ LendingStats
The charts and graphs have been updated on the site.
The Membership Growth, Total Loans Funded and Listing Overview pages have been updated.
The full group name has been added to the group profile page.
A loan count filter has been added to the Group list page. (thisguy)
A Bid History chart has been added to the member profile [...]
April 10th, 2007 — News & Updates from LendingStats @ LendingStats
Added a new lending strategy that looks for borrowers who have invested in Prosper. The idea is lenders who have invested a significant amount into Prosper are more likely to repay their loan. You can find the Borrowers Who Lend page under the Analytics Section.
Related StoresApril 8th, 2007 — News & Updates from LendingStats @ LendingStats
The group profile pages have been updated to mirror the member profile pages.
The (NoGroup) group has been added. This is simply a group comprised of all borrowers who are not part of a group. A lender can use this as a benchmark to compare group performance. (pninen)
Active Bids column has been added to the Lender [...]
April 3rd, 2007 — News & Updates from LendingStats @ LendingStats
The Active Listings page has been updated and the customize section has been added to it.
You can now find a list of Repeat borrowers on the Active Listings page. A repeat borrower is a borrower who has previously taken out a loan and repaid it. (Robert)
Tooltips have been added throughout the site, you can now [...]
April 1st, 2007 — News & Updates from LendingStats @ LendingStats
Loss rates are going to be calculated using exponentiation instead of multiplication. (pninen)
Default sale rates will only be calculated for defaults due to delinquency. Bankruptcies will have a 0% resale value. (DCS)
Fixed a bug on the member profile pie chart where the colors were displayed incorrectly for portfolios with 100% lates/defaults. (leporello)
