I got this in my email last night. A nice offer if you are a Prosper investor. And lucky you, I have a loan that is in Verification Stage 3 – check it out!
We just launched the Verification Stage, an investor tool which makes it easier for you to spot loans further along [...]

Interest rates keep falling for investors and now a risk free ten year treasury is yielding less that 2% a year. So, how does an interest rate of 12% sound for a relatively low risk investment? That is my loan and basically DeepMarket.com will be making the payment on a monthly basis. [...]

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Prosper is back online for Virginia lenders:
We are pleased to inform you that we have completed our SEC registration as well as the Virginia securities regulatory process and are open to lenders in your state once again. Simply sign in and you will be asked to review and sign our new Lender Registration [...]

Just got a note from Prosper about delinquent accounts in their system:
At Prosper, we strive to make investing as easy, sound, and yes—fun—as possible.
In the past year, we have seen an increase in the number of borrowers that have entered into what we call “Primary Collections,” or accounts that are delinquent 31 – 121 days. [...]

Prosper.com has emerged from government meddling over the past nine months that effectively froze Prosper out of the market. I just saw it on TechCrunch -> SEC Greenlights Prosper; P2P Lending Resumes In 14 States, More Coming and scurried over to Prosper to see what the deal was. Thank the Gods – they [...]

A sad statement about the priority of the regulatory agencies and their targeting of the few open markets that allows people to lend to people without needing a bank is apparent by the list of P2P vendors actually open and doing business:
Lending Club – Made it through the regulatory hoops and is now conducting business [...]

I just got this message from Loanio – one of many P2P lending sites:
Nanuet — June 22, 2009 — Loanio, Inc. today announced that it has
filed a registration statement on Form S-1 with the U.S. Securities
and Exchange Commission (SEC) relating to Notes it will offer on its
peer-to-peer lending website. A copy of the registration statement [...]

The latest edition of Wired (print copy I got in the mail, this story isn’t online yet) had a blurb about FreeRisk.org – a new site that wants to take on the credit rating agencies:
* A. M. Best
* Dominion Bond Rating Service
* Fitch [...]

Went to check my Prosper account today and the site looked a little different. I thought they were opening back up again, but it looks like they got slapped back down by the SEC. Oh joy – a government agency that can’t find a $50 Billion fraud is menacing a company that has [...]

I wasn’t too happy with Pertuity Direct when they turned me down (boo hoo), but that is how the world works. However, I thought this was a pretty good potential bonus for those that can meet their requirements. As a reminder, if you have any doubts about being able to qualify, then don’t [...]