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UnderAppreciated Listings RSS Feed Update — Greater than $3MM in Fundable by Rate, Amount, and DTI Listings Expired

I started my RSS feeds on March 18th…  I thought I would check in on my favorite (Underappreciated Listings)…

 There have been 827 listings profiled, requesting to borrower $9,057,314 or $10,952.01 per loan on average.

Here is the listing status break down…

Status Total Amount Number Per Loan
Cancelled $455,274 31 $14,686.26
Pending Verification $380,650 31 $12,279.03
Expired $3,143,552 287 $10,953.14
Completed $2,088,601 210 $9,945.72
Active $807,506 83 $9,728.99
Withdrawn $2,181,731 185 $11,793.14

 

And here is the Current Loan Status for Completed Listings…

Status Total Amount Number Per Loan
Payoff in progress $25,000 1 $25,000
Current $2,063,601 209 $9,873.69

 

I think this shows a couple of things… One, Prosper is performing some verification (cancelled listings).  Two, underappreciated listings are performing admirably thus far.  Three, Lenders are leaving a bunch of very fundable loans on the table every day… (at least $50K per day from this RSS feed.) 

 


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