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Author Topic: Wierd goings on at LC

l
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j
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Wierd goings on at LC
#1: 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.
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B
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Wierd goings on at LC
#2: 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.
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R
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Wierd goings on at LC
#3: 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.
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T
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Wierd goings on at LC
#4: June 30, 2015, 11:00:00 PM
Or they offer someone a deal now to fill that roll.  No fees, etc.
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T
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Wierd goings on at LC
#6: July 01, 2015, 11:00:00 PM
My how things have changed.

Graphic: http://i.imgur.com/doSuQT2.png
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T
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Wierd goings on at LC
#7: July 13, 2015, 11:00:00 PM
Wow some hungry "retail" investors out there.

Source: BlueVestment
Image: http://i.imgur.com/LDp3P7s.png
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T
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Wierd goings on at LC
#8: 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!
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T
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Wierd goings on at LC
#9: 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
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T
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Wierd goings on at LC
#10: July 26, 2015, 11:00:00 PM
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