Debt Sale Announcement on the Official Forum
I was just reading the official forum for the 1st time in a while… There was an interesting note about the debt sale… Apparently, it was just concluded…
A few of our members have been asking about debt sales. The timing is driven by the accumulation of a large enough number of accounts that results in buyers being interested in doing a transaction. We have recently concluded bidding on a package of Prosper loans and are in the process of negotiating terms of the Purchase Sale Agreement with the winning bidder. We are looking to execute the sale as soon as possible.
https://connect.prosper.com/t/1089.aspx
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Don’t you think this is the kind of thing that should be reported on the official Prosper blog?
As editor-in-chief perhaps you can help with that?