Below is the fractional loans originated on LC platform from the latest historical loan files. There was slight drop off in fractional loan originations (can be considered indicative of interest from retail lenders) since Dec 2016. The increase in March 2017 was most probably driven by LC promotion as well as quarter-end increase in originations. But numbers are still much better than same time last year. The LC portfolio is not quick to unwind so the decline may show up across longer time interval.
Fractional Loan Originations as of 2017 Q1 1 End, from loan history files
Month | Origination $ Volume |
2017-03 | 138,193,625 |
2017-02 | 116,734,600 |
2017-01 | 122,044,275 |
2016-12 | 127,280,950 |
2016-11 | 121,435,975 |
2016-10 | 130,105,400 |
2016-09 | 128,213,525 |
2016-08 | 110,971,875 |
2016-07 | 123,194,600 |
2016-06 | 118,425,825 |
2016-05 | 105,480,150 |
2016-04 | 103,948,125 |
2016-03 | 107,819,675 |
2016-02 | 76,007,400 |
2016-01 | 119,958,325 |
Platform Loan Originations as of June, 2017, from SEC filings