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The decision has a lot to do with market demand for lending.
Fool.com contributor and finance professor Parkev Tatevosian discusses the strategic thinking employed by SoFi (SOFI 3.69%) regarding its loan portfolio.
*Stock prices used were the afternoon prices of May 30, 2023. The video was published on June 1, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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