April 21, 2016
David Johnson speaks on the Skin in the Game - Should Marketplaces Invest in Every loan? panel at the LendIt conference in San Francisco.

This past week, Lendit occurred as the annual gathering of online lending platforms and other affiliated companies from around the world. The meeting took place in San Francisco this year - the epicenter of tech innovation. In 2013, a mere three years ago, Lendit convened with just 375 participants. This year that number has jumped almost 10X larger - indicative of the dramatic sector growth.  Read more.

The online alternative finance market, including crowdfunding and peer-to-peer lending, is exploding in the US, generating more than $36 billion in funding in 2015, up from $11 billion in 2014, according to a new report published by KPMG, the Cambridge Centre for Alternative Finance and the Polsky Center at the Chicago Booth School of Business.  Read more.

"A horse is here to stay, but the automobile is only a novelty - a fad." This was what the president of Michigan Savings Bank said to Henry Ford's lawyer, Horace Rackham, in 1903, discouraging him to invest $5,000 in the new car company. Sixteen years later, Rackham sold his Ford shares for more than $12.5 million, earning IRR of more than 150 percent per annum.  Lending, one of the biggest industries, is currently undergoing a transformation. As it was with the automobile industry transformation, a number of modern innovators will probably face serious difficulties, some will merge with competitors and some will just disappearRead more.
Events

Southern California Marketplace Lending Mega Meetup
May 3, 2016
Costa Mesa, CA

May 19-20, 2016
Washington, DC

June 1-3, 2016
Plano, TX

July 13-14, 2016
New York, NY

Spotlight on Services:

Building Strong, Long-Term Relationships with Borrowers

Experience a proven track record in reducing delinquencies and defaults through high-touch servicing. First Associates' Customer Service Team consists of highly experienced professionals trained to build and maintain strong relationships with borrowers.
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About First Associates Loan Servicing, LLC.

First Associates is the fastest growing loan servicer in the nation and has been serving the needs of partners and borrowers for 30 years. Our state-of-the-art technology and infrastructure mean we have the flexibility and scalability to meet the demands of any client.


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