FYI for those involved with LendingClub
http://www.wsj.com/articles/lendingclub-ceo-resigns-over-sales-review-1462795070"LendingClub, by most measures the biggest and most successful in a wave of online lenders that have blossomed since the financial crisis, said a board review found that the San Francisco company sold an investor $22 million in loans whose characteristics violated the investor’s “express instructions.” The board found that some people at the company knew the loans didn’t meet the investor’s criteria and that the application date on $3 million of those loans had been altered to make them comply."
(Edit: added quote)
