Title: Wierd goings on at LC
Post by: lascott on June 30, 2015, 11:00:00 PM
Post by: lascott on June 30, 2015, 11:00:00 PM
Title: Wierd goings on at LC
Post by: jheizer on June 30, 2015, 11:00:00 PM
Post by: jheizer on June 30, 2015, 11:00:00 PM
Thanks lascott. It is almost like some institutional place came into work at 5am of a new quarter and hit the start buying again button.
Title: Wierd goings on at LC
Post by: BruiserB on June 30, 2015, 11:00:00 PM
Post by: BruiserB on June 30, 2015, 11:00:00 PM
Whoever bought them also seemed to favor the loans that had been listed the longest and were about to expire. Yesterday there were a lot of loans that were 1 day from expiration. Today another day has passed and the oldest notes available are 2 days from expiring...and there are only a few of those. So it's not like the big buyer came in and ran a filter and picked up the "best" notes from all available....they seem to have bought the remainder of the oldest notes.
Title: Wierd goings on at LC
Post by: Randawl on June 30, 2015, 11:00:00 PM
Post by: Randawl on June 30, 2015, 11:00:00 PM
LC used to fund loans themselves that were about to expire and did so quite frequently a few years ago before investor demand really picked up. That got me thinking since you mentioned that it seems to have been the oldest ones.
Title: Wierd goings on at LC
Post by: TravelingPennies on June 30, 2015, 11:00:00 PM
Post by: TravelingPennies on June 30, 2015, 11:00:00 PM
Or they offer someone a deal now to fill that roll. No fees, etc.
Title: Wierd goings on at LC
Post by: Fred93 on June 30, 2015, 11:00:00 PM
Post by: Fred93 on June 30, 2015, 11:00:00 PM
Title: Wierd goings on at LC
Post by: TravelingPennies on July 01, 2015, 11:00:00 PM
Post by: TravelingPennies on July 01, 2015, 11:00:00 PM
Title: Wierd goings on at LC
Post by: TravelingPennies on July 13, 2015, 11:00:00 PM
Post by: TravelingPennies on July 13, 2015, 11:00:00 PM
Wow some hungry "retail" investors out there.
Source: BlueVestment
Image: http://i.imgur.com/LDp3P7s.png
Source: BlueVestment
Image: http://i.imgur.com/LDp3P7s.png
Title: Wierd goings on at LC
Post by: TravelingPennies on July 13, 2015, 11:00:00 PM
Post by: TravelingPennies on July 13, 2015, 11:00:00 PM
They've been releasing about 400 loans with each drop the last few days....I hope this keeps up as I will soon be depositing additional funds in my account. Just my luck, this will dry up once my funds hit!
Title: Wierd goings on at LC
Post by: TravelingPennies on July 26, 2015, 11:00:00 PM
Post by: TravelingPennies on July 26, 2015, 11:00:00 PM
BlueVestment 3 month graph. 20-40 loans per drop lately. Hopefully it'll pick up in early August. Jul 16 + 14 days = July 30. 14 days = 1st batch "expires" (LC buys if noone else does?)
Image: http://i.imgur.com/qQo2hBd.png
Image: http://i.imgur.com/qQo2hBd.png
Title: Wierd goings on at LC
Post by: TravelingPennies on July 26, 2015, 11:00:00 PM
Post by: TravelingPennies on July 26, 2015, 11:00:00 PM