Lending Podcast 4: Zillow as a mortgage lender — TD Bank’s digital lending — LendingClub ‘no worse than humans’
- Zillow is moving from real estate media to become a full-blown mortgage lender.
- TD Bank goes digital lending with a partner.
Welcome to episode 4 of the Tearsheet Lending Podcast with your hosts Zack Miller and Dan Pelberg.
This week on the show we dive into Zillow’s move to become a mortgage lender Zillow rebranded its acquisition of Mortgage Lenders of America last November “Zillow Home Loans”
TD Bank partners with Amount for digital lending
TD has partnered with Avant’s SaaS division, Amount, to launch a digital consumer lending product called TD Fit Loan.
We also briefly discuss Prosper’s FY 2018 financial results
Aha! A LendingClub computers no worse at lending than humans
“As of 2016, LendingClub’s unsecured consumer lending exhibited inherent credit risk and lending efficiency that resembled the risk and efficiency of the largest traditional lenders.” Are human lenders becoming obsolete? Inefficient?
GoToLoans unveils app to fund vehicle repairs
This Canadian startup owners can dip into the equity value of a vehicle to obtain loans for repairs and maintenance.
What other things in the future will we be able to offer up in order to obtain a loan. Electronics? Body organs?