I have seen several posts on screen scraping. So i though I would mention that LC is against screen scraping.
I know it does not make sense, as there is no api to extract the original note data.. but that's their TOS (Maybe they give institutional investors access to some form of screen scraping and leave us, small fish out
)
From one my emails with support: I think what you are describing is referred to as "screen scraping" and per our Terms of Use, you may not “engage in the practices of "screen scraping," "database scraping," or any other activity with the purpose of obtaining content or other information
I did not engage the rep on the specific detail, as i had more pressing issues and live to fight another day.
Of course, I'm a dinosaur so I remember the "other information" such as actual words from the borrower that used to be provided. I know most statistical folks don't care about that, and if I could count on the return "OF" my money I wouldn't either. However, the current LC is not what I signed up for. Meanwhile, 5% of my remaining 350 (nothing-but-green-arrows-up notes) lose credibility
every month when the new FICO comes out. Credibility matters for Folio sale prices.
Per the thread topic, I've noticed a disconnect regarding notes not available for me to sell on Folio because they are in pending process--except they aren't because they settled "yesterday" according to the log. The next day I can usually list them. Conversely, some pending sales are cancelled a day before the payment due date. Does not account for 50% cancellations.
No Foliofn at all would obviously be worse, and I like the sorting function for sellers that Folio offers.