Post Profile






P2P Meltdown Continues: LoanDepot's CDO Collapses Just 10 Months After Issuance

We first noted Wall Street's misguided plan to feed its securitization machine with peer-to-peer (P2P) loans back in May 2015 (see "What Bubble? Wall Street To Turn P2P Loans Into CDOs"). Obviously we warned then that the voracious demand for P2P loans was a direct product of central bank policies that had sent investors searching far and wide for yield leaving them so desperate they were willing to gamble on the payment streams generated by loans made on peer-to-peer platforms.
read more

share

Related Posts


CDO Webinar: A Chief Data Officer Interview

Technology : SemanticWeb.com

To view just the slides from the presentation, click HERE>> About the Webinar Join John and Kelle as they talk to a Chief Data Officer (CDO). We will continue to explore why organizations hire CDO’s and how the CDO role is still evo...

P2P Site That Financed San Bernardino Massacre Hikes Rates Citing "Turbulent Markets"

Business & Finance : Zero Hedge

“Peer-to-peer lending is probably a bad idea,” we wrote, earlier this month. “Securitizing peer-to-peer loans is definitely a bad idea,” we added. The P2P space has witnessed monumental growth over the past several years. P2P platfo...

P2P King Has 'An Offer You Can't Refuse'

Business & Finance : Zero Hedge

In “Presenting The $77 Billion P2P Bubble” we took a close look at the P2P lending market which is expanding exponentially amid Wall Street’s efforts to securitize the loans on the way to creating a market for P2P-backed ABS. As a r...

P2P Cracks Start To Show As LendingClub Write-Offs Double Forecasts

Business & Finance : Zero Hedge

Peer-to-peer lending is probably a bad idea. Securitizing peer-to-peer loans is definitely a bad idea. Despite these virtually irrefutable truths, the P2P industry is thriving and Wall Street’s securitization machine couldn’t be hap...

What Bubble? Wall Street To Turn P2P Loans Into CDOs

Business & Finance : Zero Hedge

So far this year, around $38 billion in auto loan-backed ABS issuance has hit the market, around a quarter of which is backed by subprime loans. Meanwhile, America’s $1.3 trillion pile of student debt is likewise being sliced, packa...

Comments


Copyright © 2016 Regator, LLC