[Sean Cash]

It states 47 percent of loans were placed by brokers. Where did the other 53 perc come from? Also, the article basically states brokers cause the rates to be very costly. So, what I'm interpreting here is that on deck like lending club and funding circle have entered the selling of bonds market to accredited investors and the rates will come down which also could mean more of a direct to customer model. It didn't really state that broker business was a positive thing for customers in this article, or, the buy rates allowing high upsells could be eliminated eventually-

43% came from their direct marketing. View the entire DBRS report here: http://dailyfunder.com/dbrsondeck.pdf