American - Journalist | July 17, 1986 -
Peer-to-peer lenders originally sought to attract retail investors to its loan marketplace, but the lack of high-returning assets elsewhere in the market has made these platforms increasingly attractive to major asset managers and hedge funds.
Kayla Tausche
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When SoFi launched in 2011, it focused squarely on the burgeoning student loan market - a market that, unlike housing, had no viable option to refinance both federal and private student loans from higher interest-rate eras.
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Dan Loeb has become a billionaire searching out value in financial markets.
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April Fool is widely considered one of the top yachts ever built by Feadship, the famed Dutch shipyard. Launched in 2006, April Fool has a huge master stateroom, a Jacuzzi on the fourth-level sun deck, a sauna, and sprawling outdoor dining lounge. The yacht first came onto the market in 2011 with a price of $69.5 million.
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An improving credit landscape means fewer loans are delinquent - and fewer people are needed to service these loans.
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