As we progress into 2021, we would like to provide our investor community an update on the performance of the loans on the Prosper platform, as well as our view of the macro environment.
Quarterly Investor Updates
As we begin the fourth quarter of what has been an unprecedented and challenging year, we would like to provide our investor community an update on the performance of the Prosper portfolio, as well as our view of the overall macro environment.
Since the last investor update in April, the overall macro-economic environment has shown signs of improvement, while at the same time, a recent resurgence in COVID-19 cases and subsequent shutdowns by several states pose a risk to the ongoing recovery. At Prosper, we remain disciplined and cautious with respect to the current environment and we continue to take actions on both the current servicing book as well as new originations to help actively manage investor returns.