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Messages - LoanWolf

#1
Investors - LC / STOCK PRICE TALK: Opened at $24.75
December 10, 2014, 11:00:00 PM
$22-24 says CNBC
#2
Investors - LC / LC Share Allocation
December 10, 2014, 11:00:00 PM
I also got 250 out of the 350 - $3750
#3
Investors - LC / LendingClub Files S-1 with SEC
August 26, 2014, 11:00:00 PM
Randawl, nice spotting of the current state of loan distributions, dangling between column 3 and column 4 of page 52.

I'm confused though - are certificates, which make up 44% of current principal outstanding, just another way of packaging loans (whole or fractional) to institutional investors? What are certificates?