Prosper Adjusts Portfolio, Lender Bidding Guidance Criteria

Just as they had done last month, Prosper has yet again refreshed the portfolio and lender bidding guidance statistics. Unlike last time, these changes are large and significant. Both are now making extensive use of DTI and loan amount, two known risk factors that Prosper has not previously controlled.

For the portfolios, Prosper has added additional standing order criteria based on DTI, Loan Amount, employment, and 10 year default criteria. Based on how it has been sliced, I am intensely curious to see if Prosper can deliver the necessary loan volume to satisfy lenders who use portfolios. Another oddity is that the same standing order is used in the "Moderate" portfolio as well as the "Aggressive" portfolio (Credit = D, Non Autofunded, 0-1 Inquiries, Amount <= $9999, DTI <= 70%, yada yada - I'll note that this is of 10am (CST) today - they'll probably change it). They had previously done a reasonable job keeping the portfolios after different sets of loans. On the lender bidding guidance side, Prosper has expanded the number of slices to 67, and chopped up heavily based on DTI and loan amount. For the sake of posterity (and that I expect it to change again in a few months), here's the full list

Segment	Credit grade	Criteria
1	AA	No automatic funding, DTI <=40%, loan amount <$10K
2	AA	No automatic funding, DTI >=40%, loan amount <$10K
3	AA	No automatic funding, 0-1 inquiries, loan amount $10K+
4	AA	No automatic funding, 2+ inquiries, loan amount $10K+
5	AA	Automatic funding only, loan amount <$10K
6	AA	Automatic funding only, loan amount $10K+
7	AA	Borrowers with no extended credit data
8	A	No automatic funding, loan amount <$7.5K, 0 now delinquent
9	A	No automatic funding, loan amount <$7.5K, 1+ now delinquent
10	A	No automatic funding, loan amount $7.5K+, 0 now delinquent, 0-1 inquiries
11	A	No automatic funding, loan amount $7.5K+, 0 now delinquent, 2+ inquiries
12	A	No automatic funding, loan amount $7.5K+, 1+ now delinquent
13	A	Automatic funding only, loan amount <$5K
14	A	Automatic funding only, loan amount $5K-$9999
15	A	Automatic funding only, loan amount $10K+
16	A	Borrowers with no extended credit data
17	B	No automatic funding, loan amount <$7.5K, 0 now delinquent, 0-2 inquiries
18	B	No automatic funding, loan amount <$7.5K, 3+ inquiries
19	B	No automatic funding, loan amount <$7.5K, 1+ now delinquent, 0-2 inquiries
20	B	No automatic funding, loan amount $7.5K+, 0 now delinquent, 0-1 inquiries
21	B	No automatic funding, loan amount $7.5K+, 0 now delinquent, 2+ inquiries
22	B	No automatic funding, loan amount $7.5K+, 1+ now delinquent
23	B	Automatic funding only, loan amount <$10K, 0 now delinquent, 0-1 inquiries
24	B	Automatic funding only, loan amount <$10K, 0 now delinquent, 2+ inquiries
25	B	Automatic funding only, loan amount <$10K, 1+ now delinquent
26	B	Automatic funding only, loan amount $10K+
27	B	Borrowers with no extended credit data
28	C	No automatic funding, loan amount <$7.5K, 0 inquiries, <=40% DTI
29	C	No automatic funding, loan amount <$7.5K, 1-2 inquiries, <=40% DTI
30	C	No automatic funding, loan amount <$7.5K, 3+ inquiries, <=40% DTI
31	C	No automatic funding, loan amount <$7.5K, >=40% DTI
32	C	No automatic funding, loan amount $7.5K+, 0-1 inquiries
33	C	No automatic funding, loan amount $7.5K+, 2+ inquiries
34	C	Automatic funding only, loan amount <$7.5K, 0 now delinquent, <=20% DTI
35	C	Automatic funding only, loan amount <$7.5K, 1+ now delinquent, <=20% DTI
36	C	Automatic funding only, loan amount <$7.5K, 20-40% DTI
37	C	Automatic funding only, loan amount <$7.5K, 40%+ DTI
38	C	Automatic funding only, loan amount $7.5K+
39	C	Borrowers with no extended credit data
40	D	No automatic funding, loan amount <$10K, 0 now delinquent, 0-1 inquiries
41	D	No automatic funding, loan amount <$10K, 1+ now delinquent, 0-1 inquiries
42	D	No automatic funding, loan amount <$10K, 2+ inquiries
43	D	Automatic funding only, loan amount <$10K, 0 now delinquent, 0-2 inquiries
44	D	Automatic funding only, loan amount <$10K, 1+ now delinquent, 0-2 inquiries
45	D	Automatic funding only, loan amount <$10K, 3+ inquiries
46	D	No automatic funding, loan amount $10K+
47	D	Automatic funding only, loan amount $10K+
48	D	Borrowers with no extended credit data
49	E	No automatic funding, loan amount <$5K, 0 now delinquent
50	E	No automatic funding, loan amount <$5K, 1-2 now delinquent
51	E	No automatic funding, loan amount <$5K, 3+ now delinquent
52	E	No automatic funding, loan amount $5K+
53	E	Automatic funding only, loan amount <$5K, 0 now delinquent
54	E	Automatic funding only, loan amount <$5K, 1-2 now delinquent
55	E	Automatic funding only, loan amount <$5K, 3+ now delinquent
56	E	Automatic funding only, loan amount $5K+
57	E	Borrowers with no extended credit data
58	HR	No automatic funding, loan amount <$3K, 0-1 now delinquent, <=20% DTI
59	HR	No automatic funding, loan amount <$3K, 0-1 now delinquent, >=20% DTI
60	HR	No automatic funding, loan amount <$3K, 2+ now delinquent
61	HR	No automatic funding, loan amount $3K+, 0-2 now delinquent
62	HR	No automatic funding, loan amount $3K+, 3+ now delinquent
63	HR	Automatic funding only, loan amount <$3K, 0-2 now delinquent
64	HR	Automatic funding only, loan amount <$3K, 3+ now delinquent
65	HR	Automatic funding only, loan amount $3K+, 0 now delinquent
66	HR	Automatic funding only, loan amount $3K+, 1+ now delinquent
67	HR	Borrowers with no extended credit data