[fliphusker]

Quote"> from: twigster on June 03, 2016, 11:33:57 PM

[twigster]

It is at least worth referencing back to the current interest rates being offered, often they are up to 2% higher, I was quite surprised at this as I had not been checking before when buying off folio.  It appears LC wants to make up for lowering the interest rates previously while the default rates were rising.  Yes you can still find good deals on folio depending on what difference you would be willing to take between the folio note and new notes.

[dompazz]

Over the past month I have been buying the cigarette butts on Folio.  Loans with <=12 payments, good credit and payment history were selling for 2-5% discount.  That seems to have dried up. 

I am also seeing more of my notes selling at a premium of >1.5%.  I even sold a note last week that I picked up the week before for a 2.5% discount for a 1.7% markup.  Good times.

The quality of notes getting listed on the primary market in the last few days has picked up (in my eyes).  I'm back to buying there, though I am still not adding new money to LC, just re-investing cash flows. 

[ThinleyWangchuk]

Quote"> from: twigster on June 03, 2016, 11:33:57 PM