In this week’s PeerIQ Industry Update they cover the recent strong month of jobs growth and the Fed’s decision to hold interest rate rises in the near term; there was big fundraising news last week with Acorns and Better Mortgage raising big rounds; GreenSky launched a new elective health loan product; Marlette‘s latest $262mn securitization was rated by Kroll and the lender showed another profitable year in 2018; Prosper is now more focused on higher grade loans with 62 percent of the December originations were rated as AA-B; PeerIQ also takes a close look at where we are in the credit cycle and the concerns from the top banks in regards to politics, trade and the next recession. Source.
