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Peak Online Lending? SoFi Starts Hedge Fund Just To Buy Loans From Itself 

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Mon, 14 Mar 16 8:49 AM | 72 view(s)
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Submitted by Tyler Durden on 03/13/2016 - 17:31

Concerns about the health of the US economy and the true state of the labor market will likely mean that demand for marketplace-backed paper won’t exactly be what one would call “robust” going forward. Of course that’s a problem for lenders like SoFi, which pools its loans and sells them to free up space on the books for still more loans. But don’t worry, because SoFi - which originates billions in personal loans - has an idea...
http://www.zerohedge.com/news/2016-03-13/peak-online-lending-sofi-starts-hedge-fund-just-buy-loans-itself




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