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Messages - FrankieC

Thank you for doing this. Very interesting. I didn't realize notes were added on weekends. I thought it was a weekday thing only.
Investors - LC / ...
« on: November 07, 2012, 12:00:00 AM »
Has this always been this bad? I'm also seeing what you guys are reporting, notes showing completely outdated status and principal. I never noticed it being this bad until this week, but I'm a light Folio user.
I have a couple Grace Periods from NY. Could be a coincidence, though. My sample is too small to be representative.
Investors - LC / The great loan drought of October 2012
« on: October 17, 2012, 11:00:00 PM »
It seems that about a month ago, we frequently had 1200+ loans on the platform, with at least 1/2 dozen approved loans matching the typical tight filters we savvy investors use at any given time.

In the last couple weeks, the total has dropped to 500ish, and I'm having to invest in non-approved so-so loans. Most good loans seem to get fully funded before they're approved, and before the borrower answers a single question.

What the heck?!?!

Maybe it's just a coincidence, but the shift seems to have occurred right around the time LC announced large-investor-only-loans.

Anyone else noticed?