Morning Scan: CFPB Dodging FOIA; Living Will Deadline Extended

06/09/16

Wall Street Journal

Online lender Prosper has paused its relationships with loan-referral websites LendingTree and Credit Karma as it works to get investors to buy more loans. Marketplace lenders have been facing a slowdown and waning investor confidence, especially since events at rival Lending Club led to the ousting of its chief executive. Prosper's lending volume is expected to fall in the second quarter. It fell 12% in the first quarter from the fourth quarter of...

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