It is time for the April 2007 update of the IRR Lender “Game.”  This is going to be more about accomplishments during the last month rather than pure calculations.  So without further ado:  

Highest IRR Model: LazyMan 5.07% 

Largest IRR Model Improvement: leporello by going from (3.10%) to 0.18% he improved 3.28%. 

Lowest IRR Model: Pensioner (9.81%) Ouch!

Largest IRR Model Degradation: Pensioner by going from 0.97% to (9.81%) he degraded (10.5%). 

Highest IRR Best: pensioner 26.24% 

Largest IRR Best Improvement: Retireme99 by going from 15.66% to 16.35% he improved 0.69%. 

Lowest IRR Best: RateLadder 14.04%  

Largest IRR Best Degradation: none.  Everyone improved.

 

The “game” is tracking portfolio IRR through time.  We will be tracking both a best and worst case value.  The best case assumes the entire account value will be received at the time of the update.  The model case assumes that all loans 1 month or more late will be wroth zero.

Here is the “Game” definition: Prosper Lender IRR “Game”

Here is the a sample spreadsheet: Prosper IRR Spreadsheet.

The “Game”’s tracking page is at Prosper.com IRR Lender “Game” Tracking Page