only A/B notes available?

[Edward Reid]

As of a few minutes ago -- 10:40 EDT -- only A and B notes are available. I was startled when my normal search said "none available", so I expanded it -- relaxed every single filter to show all notes available, double-checked and triple-checked the Interest Rate filter. First there were 246 A/B loans, and over a few minutes that dropped (no surprise) to 245, then 244. Absolutely no C/D/E/F/G -- easy to scan the list because of the colors.

What's going on? Where did the C notes go, not to mention all the lower grades?

Edward

[lascott]

This has been happening recently. "retail" investors ... sure.

Image: http://i.imgur.com/BMA3cn0.png" class="bbc_link" target="_blank">http://i.imgur.com/BMA3cn0.png
https://forum.lendacademy.com/proxy.php?request=http%3A%2F%2Fi.imgur.com%2FBMA3cn0.png&hash=03a0b20bc8338ee29be798487108f5bc" alt="" class="bbc_img" />

[Unfolder]

Doesn't bode well for next quarter's loan volume increase :/

[TravelingPennies]

Thanks ... is your "capacity timeline" grabbed from the web, or is it your proprietary https://forum.lendacademy.com/Smileys/default/cool.gif" alt="8)" title="Cool" class="smiley" /> construction?

At least there are still B5 loans available ... clearly whoever is hoovering all the C+ loans is stopping at the B/C boundary. Of course I'm not surprised, since I too concluded that C is the sweet point given my situation. And B5 isn't that far from C1.

Your chart also reminded me that I need to be thinking Pacific Time, not Eastern.

From the time I started P2P, I've been saying that a major limitation is that the demand for investing might outpace the demand for borrowing. Obviously it's happening. I'm not familiar with all the numbers, but it's not clear that there's a good way to adjust it. Of course, lowering interest rates would have a balancing effect, but I don't know how low they can go and still be certain of covering charge-offs.

Edward

[Fred93]

Supply always drops near end of quarter.  That's now.

[jheizer]

It's that time of year... err quarter.

[TravelingPennies]

https://forum.lendacademy.com/index.php?topic=3422.msg30491#msg88888888Quote"> from: Edward Reid on September 23, 2015, 11:45:19 AM

[TravelingPennies]

Thanks for the points about EOQ, and to lascott for the link.

Cheers,

Edward

[WES]

What am I missing here? Wouldn't a company, especially a publicly-traded company, push to improve/raise metrics prior to EOQ? Why does listing volume decline at EOQ?

[TravelingPennies]

They've probably already improved it enough that they rather get a jump start on next quarter vs blow away the number this quarter.

[TravelingPennies]

https://forum.lendacademy.com/index.php?topic=3422.msg30510#msg88888888Quote"> from: WES on September 25, 2015, 03:53:17 PM

[TravelingPennies]

Hmmm. Hence, volatility is controlled.

[Rob L]

Meanwhile my cash builds up, LC's revenues slow and Wall Street remains unimpressed.
If LC's profitability went up and loan issuance didn't meet "managed growth" expectations, would  that be a bad thing for the company?

[rawraw]

https://forum.lendacademy.com/index.php?topic=3422.msg30517#msg88888888Quote"> from: Rob L on September 25, 2015, 06:46:40 PM

[bkcarolina]

When applying a filter, I see loans that weren't there a few hours ago, but they've only got 7 or 8 days left. Clearly someone is getting early crack at the inventory in a huge way.