ABS Are Incentives Aligned for P-to-P Platforms and Their Investors? Published May 17, 2015 8:19 PM | Updated July 20, 2015 11:09 AM 2:46 Facebook Twitter LinkedIn Email Moodys managing director Will Black talks about why marketplace lenders dont necessarily have much of a stake in how securitizations of their loans perform. He also discusses a big strength of the business: high data transparency.