Today we are sharing performance data from the Prosper Portfolio for August 2018. Highlights from the August report include: In August, 63% of originations were rated AA-B as Prosper continues to reduce the risk profile of originations on its platform. Dollar Weighted Average (WA) FICO for August was 717, an increase of 2 points since […]
Investor Updates
Prosper Performance Update: July 2018
Prosper to Introduce Historical Return Data
Prosper will be changing the way we present the return information on our website and will begin providing historical return data for each Prosper rating. This move from expected returns to historical data is intended to give our investors even greater insight into the Prosper platform’s performance as they make their investment decisions.
Prosper Performance Update: June 2018
Today, in addition to sharing performance data from the Prosper portfolio for June 2018, we are excited to introduce our new Chief Credit Officer, Ashish Gupta. Ashish joined Prosper in 2017 and was appointed Chief Credit Officer in the beginning of July 2018. In his current role, Ashish oversees all elements of Prosper’s credit strategy, including pricing, underwriting strategy, verification strategy, loss-forecasting, model development, model governance and credit risk aspects of new product development.
