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Author Topic: Prosper Originations WAY DOWN  (Read 28719 times)

Xenon481

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Prosper Originations WAY DOWN
« on: January 22, 2013, 07:03:56 pm »

Per Ericscc:

http://www.ericscc.com/stats/prosper-loan-growth



Ericscc is always a few weeks lagged on this chart due to loans being attributed to the months of their listing, not the months originated, but by now both November and December should have been pretty much caught up.

This data even shows up when doing searches on Prosper's own performance charts website:

http://www.prosper.com/invest/performance.aspx

$ of Loans Originated (by month originated):

Jan 2011: $3,301,421
Feb 2011: $3,656,521
Mar 2011: $4,513,931
Apr 2011: $5,013,591    
May 2011: $5,600,451
Jun 2011: $5,606,303
Jul 2011: $6,004,565
Aug 2011: $6,869,661
Sep 2011: $7,361,183
Oct 2011: $8,706,068    
Nov 2011: $9,003,672    
Dec 2011: $9,500,643
Jan 2012: $10,826,709
Feb 2012: $11,001,656
Mar 2012: $11,235,816
Apr 2012: $11,644,207
May 2012: $12,810,214
Jun 2012: $13,555,137
Jul 2012: $14,925,140
Aug 2012: $14,309,578
Sep 2012: $15,839,746
Oct 2012: $15,332,861
Nov 2012: $12,086,224
Dec 2012: $9,607,832
Jan 2013: $9,821,395
Feb 2013: $9,008,608
Mar 2013: $15,112,501
Apr 2013: $20,235,554

November 2012's originations were the lowest since May 2012 and December 2012 was the lowest month out of the entire year.
« Last Edit: May 01, 2013, 08:53:38 pm by Xenon481 »
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Urbi_et_Orbi

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Re: Prosper Originations WAY DOWN
« Reply #1 on: January 22, 2013, 07:13:51 pm »

Sort of extraordinary how the growth in originations was almost a straight line during the observation period.
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havastat

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Re: Prosper Originations WAY DOWN
« Reply #2 on: January 22, 2013, 09:18:21 pm »

Wondering if institutional investors were spooked by the funding issue -- Prosper desparately needed the most recent cash infusion.

We'll see what the new management does about it.
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mothandrust

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Re: Prosper Originations WAY DOWN
« Reply #3 on: January 23, 2013, 01:36:02 am »

Say yer prayers, Vermut.
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moneybaron

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Re: Prosper Originations WAY DOWN
« Reply #4 on: January 23, 2013, 05:48:29 am »

Tits up.
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moneybaron

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Re: Prosper Originations WAY DOWN
« Reply #5 on: January 23, 2013, 11:17:04 am »

I like to see a chart showing the total amount requested and total amount funded for the given period. 
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Ray Kremer

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Re: Prosper Originations WAY DOWN
« Reply #6 on: January 23, 2013, 11:17:45 am »

Makes me wonder if the timing there has anything to do with the results of the election. Did anything else change? Prosper run out of advertising budget or something like that?
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cubbiesnextyr

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Re: Prosper Originations WAY DOWN
« Reply #7 on: January 23, 2013, 11:35:16 am »

Lobby?
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TotoMMB

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112233

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Re: Prosper Originations WAY DOWN
« Reply #9 on: January 23, 2013, 12:00:24 pm »

Per Ericscc:

http://www.ericscc.com/stats/prosper-loan-growth



Ericscc is always a few weeks lagged on this chart due to loans being attributed to the months of their listing, not the months originated, but by now both November and December should have been pretty much caught up.

This data even shows up when doing searches on Prosper's own performance charts website:

http://www.prosper.com/invest/performance.aspx

$ of Loans Originated (by month originated):

Jan 2012: $10,826,709
Feb 2012: $11,001,656
Mar 2012: $11,235,816
Apr 2012: $11,644,207
May 2012: $12,810,214
Jun 2012: $13,555,137
Jul 2012: $14,925,140
Aug 2012: $14,309,578
Sep 2012: $15,839,746
Oct 2012: $15,332,861
Nov 2012: $12,086,224
Dec 2012: $9,607,832

November 2012's originations were the lowest since May 2012 and December 2012 was the lowest month out of the entire year.
What's the snapshot date of the data in that chart? Jan looks a bit scary if that is recent information.
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TotoMMB

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Re: Prosper Originations WAY DOWN
« Reply #10 on: January 23, 2013, 12:21:29 pm »

Per Ericscc:

http://www.ericscc.com/stats/prosper-loan-growth

Ericscc is always a few weeks lagged on this chart due to loans being attributed to the months of their listing, not the months originated, but by now both November and December should have been pretty much caught up.

This data even shows up when doing searches on Prosper's own performance charts website:

http://www.prosper.com/invest/performance.aspx

November 2012's originations were the lowest since May 2012 and December 2012 was the lowest month out of the entire year.
What's the snapshot date of the data in that chart? Jan looks a bit scary if that is recent information.

As Xenon noted, eric's lags. Looking at Prosper's page, they're at just over $7.0M, MTD.
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havastat

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Re: Prosper Originations WAY DOWN
« Reply #11 on: January 24, 2013, 07:08:58 pm »

Lobby
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Xenon481

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Re: Prosper Originations WAY DOWN
« Reply #12 on: February 06, 2013, 01:49:45 pm »

January 2013's originations per Prosper's Performance page: $9,821,395

Urbi_et_Orbi

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Re: Prosper Originations WAY DOWN
« Reply #13 on: February 06, 2013, 02:45:08 pm »

January 2013's originations per Prosper's Performance page: $9,821,395

That is certainly a significant drop, and stands in stark contrast to that other company, but there could be a variety of factors at play - including tightened review standards.

Do we have access to info on loan demand - and the extent to which the percentage of dollars demanded has changed in relation to dollars in originated loans?

Then again, if someone else is offering a superior service, we should perhaps expect to see the less attractive option fade into obscurity?
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tekiegreg

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Re: Prosper Originations WAY DOWN
« Reply #14 on: February 06, 2013, 08:50:27 pm »

January 2013's originations per Prosper's Performance page: $9,821,395

That is certainly a significant drop, and stands in stark contrast to that other company, but there could be a variety of factors at play - including tightened review standards.

Do we have access to info on loan demand - and the extent to which the percentage of dollars demanded has changed in relation to dollars in originated loans?

Then again, if someone else is offering a superior service, we should perhaps expect to see the less attractive option fade into obscurity?
I'd be more curious to compare this to the overall trend of consumer debt. I've been reading net consumer debt is starting to tick downward.  Is Prosper going down at the same comparative pace?
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