Promoting a transparent, efficient and customer-friendly financial system by:
The MLA represents the marketplace lending industry. Our goal is to promote a transparent, efficient, and customer-friendly financial system by supporting the responsible growth of marketplace lending, fostering innovation in financial technology, and encouraging sound public policy.
Federal Reserve Board of Governors on Term Asset Lending Facility (TALF), (Consumer Loans) – (PDF)
Joint Letter to U.S. Treasury Secretary Mnuchin from MLA & Small Business Majority on Main Street Lending Programs – (PDF)
Letter to the Marketplace Lending Association and other organizations from Chairwoman Waters and other Members of the Financial Services Committee on the Coronavirus – (PDF)
MLA’s Board Members Response to Chairwoman Water’s Letter – (PDF)
BankThink Fed’s new TALF has a major gap
The Federal Reserve’s recent decision to revive the Term Asset-Backed Securities Loan Facility was a good and necessary one.
Resolving Madden: OCC and FDIC Proposed Regulations Should Be Entitled to Judicial Deference in All Courts If the Agencies Clarify How the Proposed Regulations Interpret Ambiguous Statutory Language – (PDF)
MLA Letter on Updating Data Sharing Principles – (PDF)
Richard Neiman – Lending Club
Ryan Metcalf – Funding Circle
Julie Hwang – Prosper Marketplace
Frank Borchert – Marlette Funding
Campbell Gibson – Avant
Alison Nicoll – Upstart Network
Ulrico Izaguirre – Affirm
Rob Lavet – Social Finance (SoFi)
OCC Seeking to Remove Structural Barriers to Financial Inclusion https://t.co/ELwYYB5oiS via @cointelegraph @USOCC @BrianBrooksOCC #ProjectREACh
New Acting Banking Comptroller @BrianBrooksOCC Plans Rapid Pace on #Fintech Agenda @USOCC
https://t.co/qGvTB4cyXq
Less than 50% of all non-white people who received Covid stimulus payments got it through direct deposit according to @philadelphiafed survey.
Good news for check cashers, payday lenders, and banks racking up overdrafts...
https://t.co/3GE6HZK3TJ
The DoddFrank Act framework is here to stay. Not perfect but resilient. Our financial system is safer and fairer. But not safe enough or fair enough. @Michael_S_Barr closes #DoddFrank10 event with wisdom.
