I was reading a thread on the forum and they were speculating that the recent lack of quality loans (December time frame) was due to a reduction in listings: http://forums.prosper.com/index.php?showtopic=18829
I decided to plot the number of open listings by day over the period February 1, 2006 until February 10, 2007. Indeed, there is a drop in listing numbers around December.
I was able to create this graph by adding an table to my Prosper Data Dump with a row for every day. Then I created a database view that correlated day to a count of open listings. The Crystal Report was then trivial.
Here it is:
I had already tried to prove/disprove the lack of quality loans theory. My basic results were that there are plenty of quality loans. Here is the link to those graphs: http://rateladder.com/2007/01/11/are-good-loans-harder-to-find-part-2/
What do you think?
- Are Good Loans Harder to Find?I have been reading quite a few comments lately about how good loans are becoming harder to find on Prosper. I thought I would look into this matter using the public data dump and crystal reports. One caveat, not all information is in the public data dump that is available……
- RateLadder.com Launches Rate Loan AnalyzerI have decided to take RateLadder.com to the next level. Instead of having just static content, I will be launching a series of live crystal reports that run off the nightly prosper data. The first report is the actual Prosper Loan Rate Analyzer that I use when evaluating and reviewing……
- Analyze a Loan Using Crystal Report and Data ExportSince starting this blog I have reviewed several loans. Since then I have developed a basic crystal report to analyze a loan (DTI, Amount, Credit, and Lender Rate) in the context of all loans on Prosper.com. The report takes as import the credit grade and the debt to income ratio. It then filters the loans……
Online StoresIf you liked this article, vote for it on del.icio.us and stumbleupon.