Homeowners RSS Feed Update — Greater than 3.5MM Current or Paid Listings
I started my RSS feeds on March 18th… I thought I would check in on another(Homeowners Rate Greater than Weighted Average)…
There have been 728 listings profiled, requesting to borrower $8,921,364 or $12,255 per loan on average.
Here is the listing status break down…
| Status | Total Amount | Number | Per Loan |
|---|---|---|---|
| Cancelled | $737,076 | 49 | $15,042 |
| Pending Verification | $488,677 | 34 | $14,373 |
| Expired | $1,520,210 | 132 | $11,517 |
| Completed | $3,542,370 | 312 | $11,354 |
| Active | $1,049,089 | 84 | $12,489 |
| Withdrawn | $1,583,942 | 117 | $13,538 |
And here is the Current Loan Status for Completed Listings…
| Status | Total Amount | Number | Per Loan |
|---|---|---|---|
| Paid | $28,000 | 2 | $14,000 |
| Current | $3,514,370 | 310 | $11,337 |
I think this shows a couple of things… One, Prosper is performing some verification (cancelled listings). Two, homeowner listings are performing admirably thus far. Three, Lenders are leaving a bunch of very fundable loans on the table every day… (at least $25K per day from this RSS feed.)
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