{"schema_version":"secwatch.filing_event.v1","accession":"0001409970-22-000055","form_type":"8-K","ticker":"LC","cik":"0001409970","company_name":"LendingClub Corp","filed_at":"2022-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.503658+00:00","generated_at":"2026-06-21T10:09:36.488101+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LendingClub acquires $1.05B personal loan portfolio from MUFG Union Bank","bullets":["Portfolio of unsecured personal loans with $1.05B principal balance acquired from MUFG Union Bank.","Weighted average FICO score of 729; loans were originated through LendingClub's marketplace.","Expected closing by end of 2022; acquisition expenses ~$4M, offset by future interest income.","LendingClub elected fair value option, avoiding upfront CECL credit loss provisioning.","Portfolio to support recurring net interest income growth, utilizing balance sheet for marketplace liquidity."],"urls":{"canonical":"https://secwatch.observer/filing/0001409970-22-000055","json":"https://secwatch.observer/filing/0001409970-22-000055.json","markdown":"https://secwatch.observer/filing/0001409970-22-000055.md","text":"https://secwatch.observer/filing/0001409970-22-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409970/000140997022000055/0001409970-22-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409970/000140997022000055/lc-20221202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T10:09:36.488101+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}