LendingClub Reports Drop In Originations As Investor Demand Shows Early Signs Of Recovery
PYMNTS
AUGUST 4, 2020
4) that showed a drop in origination volume as anticipated, while loan investor demand displayed early indications of recovery. In terms of headline data, loan originations of $325.8 LendingClub said pre-pandemic vintages are forecasted to create internal rates of return (IRR) of 3 percent in aggregate. million.
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