A quick explanation of why E/HR Curves are higher than the ongoing curves — the Feb/07 recast of the HR/E bands by cutting the bottom off of HR (below 520) and re-banding E.
The curves will adjust as cohorts containing post Feb/07 originations roll through the curves. For now that means only periods 1, 2, 3, and partially 4 have any originations post recast. Clearly we should continue to keep an eye on the curves, but I for one will not be in any E/HR for the foreseeable future as the E/HR curves look SCARY!
If you liked this article, vote for it on del.icio.us and stumbleupon.Categories:
Prosper.com, Statistics
Related Articles Related Stores
0 comments ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment