After shutting down its origination services for six months, Lending Club Corp. has started them up again and has developed the first U.S. secondary market in peer-to-peer lending.

The Sunnyvale, Calif., company said Tuesday that loans originated through its Web site are being funded by a Utah bank, instead of directly by individual lenders. Prosper Marketplace Inc., one of Lending Club's rivals, funds loans through the same bank and is working on a secondary market of its own.

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