Comments on: Prosper Files Amended S-1 with SEC

By: Prosper is Quiet Again | P2P Lending News

Prosper is Quiet Again | P2P Lending News — Mon, 18 Apr 2011 01:04:18 +0000

[...] to California lenders, Prosper has shut down again, citing a renewed desire to complete their SEC registration. With their recent relaunch, Prosper had only been cleared by California state [...]

By: Prosper Relaunches with SEC Approval, Secondary Market | P2P Lending News

Prosper Relaunches with SEC Approval, Secondary Market | P2P Lending News — Tue, 14 Jul 2009 05:23:10 +0000

[...] the quiet period is over, Prosper finally provides some details about what was holding up their S-1 registration with the SEC. Although they had to give up on the “open market” concept, Prosper seems to have gone [...]

By: Prosper’s Latest SEC Filing Excludes Open Market | P2P Lending News

Prosper’s Latest SEC Filing Excludes Open Market | P2P Lending News — Tue, 02 Jun 2009 18:09:21 +0000

[...] Prosper recently filed a fourth amendment to its regulatory filing with the SEC. This new revision of the peer lender’s S-1 has removed the concept of “Open Market Loans” entirely, and seems to focus Prosper back on track to simply being a loan originator with a secondary market. See coverage of past filings here. [...]

By: Dan

Dan — Tue, 28 Apr 2009 21:43:02 +0000

I’ve had no problems using the P2P companies I am with. Never tried Prosper though…

This whole concept could go mainstream though.

BankVibe.com calls it an alternative to bank CD’s

http://bankvibe.com/an-alternative-to-bank-cds-certificates-of-deposit/

By: Prosper Readies for Relaunch | P2P Lending News

Prosper Readies for Relaunch | P2P Lending News — Sat, 25 Apr 2009 02:35:43 +0000

[...] the third amendment’s the charm. Having filed a third amendment to its S-1 filing with the SEC just last week, Prosper has added a maintenance message to the header of its site, stating that the [...]

By: Morning Mortgage Notes 2009-04-16 : RMI Atlantic

Morning Mortgage Notes 2009-04-16 : RMI Atlantic — Fri, 17 Apr 2009 04:07:01 +0000

[...] P2P Lending-Prosper Files with Sec (P2PLendingNews) [...]

By: P2P Lending News

P2P Lending News — Thu, 16 Apr 2009 15:55:37 +0000

Mia, I think it’s the “open market loans” that are probably giving the SEC pause. Lending Club doesn’t do anything like that, and it represents the biggest difference between the companies.

And the more I think about it, securitizing existing loans is a service that investment banks aren’t doing anymore, so if Prosper can pick up that business (and make consumers actually buy those notes), it could actually be a big win for them. Conceptually, it’s a mammoth idea.

By: Mia

Mia — Thu, 16 Apr 2009 14:13:44 +0000

Seriously, though, when are they reopening? It seems to me they copied everything Lending Club did. are they unique anymore? shouldn’t that be enough for the SEC?

By: P2P-Banking.com » Prosper Plans Open Market Loans

P2P-Banking.com » Prosper Plans Open Market Loans — Wed, 15 Apr 2009 21:00:05 +0000

[...] changes in the new filing are in a review in this blog post at [...]

By: Social Lender Prosper files amended S-1 with SEC in US « The Bankwatch

Social Lender Prosper files amended S-1 with SEC in US « The Bankwatch — Wed, 15 Apr 2009 18:46:21 +0000

[...] leave a comment » Prosper continues to seek approval from the securities regulator with a 3rd S-1 filing noted here at P2P Lending News. [...]