The MarketPlace Lending Association

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.

Latest News

MLA Presentation on TALF July 2020

MLA’s Presentation, Making TALF Equitable & More Effective – (PDF)

Modifying TALF eligibility for marketplace lending will assist those who need it most, and assist those who represent over 70% of GDP: The American Consumer

Latest News on Coronavirus Affecting MLA Membership

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)

What Some of Our Members Are Doing to Assist Their Customers During COVID-19

Recent Press/Media

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)

MLA Board of Directors

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)

Welcome to @MontgomeryCoMD where you can get a tattoo, massage, go to the gym, or hit the bar,
But you can’t play basketball, soccer, or educate your children because that’s too dangerous.

.@LendingPoint (MLA Member) and @eBay have partnered up with an innovative financing option. Great to see this in a difficult 2020!

These securities should be TALF eligible. Period. #onlinelending #TALF #fintech @federalreserve @ProfKateJudge

.@federalreserve Here is another personal loan w AAA rated tranche from MLA member. If these types of loans become TALF eligible, consumers could benefit in a time of deep uncertainty. See @TBakerBroadmoor TBakerBroadmoor

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MLA Named Red Hot Association

MLA named RED HOT by