tag:blogger.com,1999:blog-23022583.post115624978770743063..comments2023-10-21T05:40:35.227-04:00Comments on Plugged in Finance: Adapting the "I Buy Ugly Houses" Strategy to Prosper.com LendingFinance Junkiehttp://www.blogger.com/profile/15006124275899289564noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-23022583.post-1157832158388496202006-09-09T16:02:00.000-04:002006-09-09T16:02:00.000-04:00To add to the idea a little, according to Prosper ...To add to the idea a little, according to Prosper historical data (not even a year old, so take this with a grain of salt) the #1 variable that correlates the highest with non-late and non-default loans is the number of current delinquencies.<BR/><BR/>If you were to bid only on listings with 0 current or past delinquencies, with a credit risk/reward profile that matched your desired target, and went for those listings with little in the way of descriptions...who knows? "I buy ugly listings"Anonymousnoreply@blogger.com