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Marlette to keep some of debt it arranges on its own balance sheets

Published Sun, Jul 19, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Seattle

LENDINGCLUB CORP and other companies fuelling the booming US online loan industry have drawn unwanted comparisons to the mortgage market before the 2008 financial crisis because they do not keep the debt that they originate.

One of the fastest growing of the new crop of so-called marketplace lenders is looking to change that.

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