Tonderys shares what makes Marlette Funding different and what he sees in the market for next year; he also provides his take on traditional banks getting into the business and where personal lending overall will be in five years. Source

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USA Online Lending News Roundup

·Apr. 5, 2017

Cross River Bank Involved in Court Case with the State of Colorado

Cross River Bank has issued a media alert detailing involvement in a true lender court case with the state of Colorado; the bank has filed a declaratory judgment action against the state of Colorado to protect its rights to extend credit and freely sell loans nationwide; the declaratory judgment action follows a previous court filing in January 2017 by the Colorado Attorney General suing Marlette Funding for issues with its lending process which involves loans made by Cross River Bank and sold to Marlette. Source

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News Roundup Fintech USA

·Apr. 13, 2020

Adapting Contact Centers During the Coronavirus Crisis

Recently LendIt Fintech held a webinar titled “COVID-19 Planning for Fintech – 5 Ways to Maximize Efficiency with At-Home Agents”;...

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USA News Roundup Fintech

·Feb. 4, 2019

Lend Academy Podcast: Jeffrey Meiler of Marlette Funding

The marketplace lending industry began with personal loans and it is still our biggest vertical when it comes to loan...

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Peer to Peer Lending

·Dec. 20, 2017

Two Big Banks Set to Launch Their Own Online Lending Platforms

A little over a year ago Goldman Sachs launched their consumer lending platform Marcus as part of a digital strategy...

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News Roundup Fintech USA

·Oct. 16, 2017

PeerIQ Weekly Update: Global Growth and Online Lending Securitizations

In PeerIQ’s weekly industry update they cover the IMF’s recent global growth forecast being raised and the recent securitization deals in online lending; while global growth is up the IMF also pointed out that a third of banks by assets might struggle to attain profitability; recent securitization deals from Marlette Funding and SoFi highlight a busy quarter in the sector; the newsletter also takes a deep dive into bank earnings for JP Morgan, Citi, Bank of America and Wells Fargo. Source.

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News Roundup USA Online Lending

·Mar. 16, 2017

Kroll Bond Rating Agency Provides Ratings for Marlette Funding Securitization

Kroll Bond Rating Agency (KBRA) has provided ratings and released more details on Marlette Funding's Marlette Funding Trust 2017-1 (MFT 2017-1) securitization; the transaction is valued at $257.44 million and includes consumer loans from Marlette; the portfolio includes three tranches rated A to BB; the majority of the loans are contained in tranche A which accounts for 80%. Source

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