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Good Lenders Tops $1 Billion in On-line Mortgage Investments
Good Lenders AM, an asset administration agency that invests in loans originated on on-line lending platforms, reviews that in June it topped $1 billion in purchases by on-line lending platforms. The loans embrace $900 million of shopper loans and $100 million of SMB loans.
Launched in 2014, Good Lenders has developed an funding mannequin on market lending platforms in the US and Europe. The agency’s major exercise is to pick loans and assemble portfolios with a quantitative and algorithmic method focussing particularly on shopper and SMB loans within the US and Europe.
Good Lenders states that its distinctive experience is within the areas of credit score scoring, danger administration, and operations on a granular asset class (113,000 shopper loans and 800 SMB loans bought since inception).
In January 2018, the corporate relocated from London to Paris the place it’s regulated by the AMF and is accredited with the AIFM full-scope standing.