It is time for the March 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: epetroel 8.07% 

Largest IRR Model Improvement: LazyMan by going from 1.06% to 5.62% he improved 4.56%. 

Lowest IRR Model: Leporello (3.10%) but that is an improvement of 2.35%

Largest IRR Model Degradation: RateLadder by going from 12.86% to 3.33% he degraded (9.53%).  My only comment is that this was from one loan… the only late AA with 0 current DQ that originated from 06/01/06 to 1/1/2007.

Highest IRR Best: pensioner 25.94% 

Largest IRR Best Improvement: RateLadder by going from 12.86% to 13.66% he improved 0.8%. 

Lowest IRR Best: RateLadder 13.66%  

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

If you liked this article, vote for it on del.icio.us and stumbleupon.


Categories:

Prosper Lender IRR "Game", Prosper.com