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Non-Interest Revenue
6 Months Ended
Jun. 30, 2013
Non-Interest Revenue

11. Non-Interest Revenue

Non-interest revenue consists of loan origination fees collected upon origination of Member Loans at fair value, servicing fees collected as payments are made to investors in Notes, management fees earned from investors in Certificates, Gain from Sale of Loans, and other revenue.

The following table summarizes the components of non-interest revenue for the three and six months ended June 30, 2013, and 2012 (in thousands):

 

     Three Months Ended June 30,      Six Months Ended June 30,  
     2013      2012      2013      2012  

Origination fees

   $ 16,397       $ 5,866       $ 29,984       $ 10,445   

Gain from sales of Member Loans

     2,702         —           3,862         —     

Note Servicing Fees

     809         423         1,519         862   

Management fees from Certificate investors

     720         147         1,213         239   

Other revenue

     214         121         507         129   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Non-Interest Revenue

   $ 20,842       $ 6,557       $ 37,085       $ 11,675