Abrigo

APRIL 24, 2023

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Construction lending has seen several stumbling blocks over the past few years.

Trends 195

Trends Lending Risk Management Arkansas 195

Abrigo

OCTOBER 12, 2016

In September, Sageworks hosted the 5th Annual Risk Management Summit at the AT&T Executive Education and Conference Center in Austin, Texas. During the 2016 Risk Management Summit attendees were asked which area of the loan portfolio was the focus area for growth at their respective institutions.

Risk Management 150

Risk Management Austin Lending Texas 150

PYMNTS

JUNE 1, 2020

The task force was looking to “offer an origination and underwriting platform that will allow banks, alternative lending platforms and private debt lenders to digitally allocate funding to businesses during the global coronavirus (COVID-19) outbreak,” according to the report.

Risk Management 168

Risk Management Fintech Innovation Lending 168

Abrigo

MARCH 23, 2016

bankers expect to lend more to businesses in 2016, and as they expand their commercial lending, some financial institutions may seek to better manage their loan portfolios and lending-related risks using loan portfolio management software. A recent survey by Sageworks found that U.S. 29 and Feb.

Software 150

Software Risk Management Lending Survey 150

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Alternative Lending. Accounts Receivable Management. million for alt-lenders this week.

Lending 100

Lending Regulation Big Data Risk Management 100

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. For many, commercial real estate lending may be the ticket. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

PYMNTS

JUNE 2, 2020

Due to a 2016 scandal in which bank employees started millions of fake accounts under peoples’ names, the bank is now under a mountain of consent orders that limit its abilities to grow the balance sheet. On Monday (June 1),Wells Fargo announced new hires for a risk-management team.

Lending 130

Lending Risk Management Maine Branding 130

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

Abrigo

JUNE 30, 2022

However, in prior rising-rate environments, this expected gain was often not as big as it was modeled in an asset/liability management (ALM) model. An institution with a high mix of fixed-rate lending will report lower betas, when in fact the true loan beta can be much higher. CRE Lending. Credit Risk Management.

Lending 195

Lending Marketing Analysis Data 195

PYMNTS

MAY 15, 2019

In the hearing, Otting said he doesn’t like how the bank is progressing toward fixing its risk management and leadership problems, which have led to a number of issues for the bank, including customer abuse scandals in its mortgage and auto lending business.

Risk Management 122

Risk Management Leadership Lending Management 122

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The Response.

Lending 135

Lending Fraud Management San Francisco 135

CFPB Monitor

NOVEMBER 7, 2016

In its Fall 2016 Supervisory Highlights , which covers supervision work generally completed between May and August 2016, the CFPB highlights violations found by its examiners involving origination and servicing of auto financing, debt collection, mortgage origination and servicing, student loan servicing, and fair lending.

Lending 83

Lending Report Regulation Policies 83

PYMNTS

OCTOBER 29, 2018

million) in 2016 to 568.7 Some of the many specific solutions it provides is point-of-sale (POS) lending, wealth management, personal installment lending, small and medium-sized business (SMB) lending, insurance products and payments solutions. Wealth management, Wei noted, is a popular favorite across the board.

Lending 167

Lending Risk Management Data Marketing 167

PYMNTS

JULY 18, 2017

Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. Both Lending Club and Laplanche are currently facing shareholder litigation that claims they concealed material weaknesses in the online lender’s ability to monitor its operations.

Lending 122

Lending San Francisco Online Risk Management 122

Abrigo

NOVEMBER 2, 2016

Analysts examined banks with at least 25 percent of deposits held in oil- and gas-dependent counties in order to investigate the impact of direct lending to local oil and gas firms and indirect lending to companies servicing the sector. Nonperforming loans were those classified as nonaccrual or those 90 days or more past due.

Comparison 150

Comparison Regional Study Risk Management 150

FICO

NOVEMBER 22, 2018

Many lenders in markets outside the US use FICO® Scores to assess the risk of consumers applying for loan, but don’t continue to monitor those consumers’ risk using the FICO Score. In this post, I will share analysis that shows why using account management scores is equally important. The FICO Score in Russia.

Management 45

Management Analysis Strategy Trends 45

Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

CFPB Monitor

JUNE 18, 2019

The agreement represents the second fair lending settlement entered into by the Republican-led DOJ under the Trump administration. (The The DOJ also alleged that the bank’s mortgage loan policy contained a lending preference for customers within its branch footprint, which was based in majority-White areas.

Indianapolis 120

Indianapolis Lending Indiana Community 120

PYMNTS

NOVEMBER 7, 2018

Management pointed to tightening credit standards even as rising rates helped boost results, trends that are likely to continue. That growth was outpaced by a record number of applications, up 30 percent year on year, as LendingClub looks to spur “awareness” of the benefits of fixed-rate lending in an era where interest rates are on the rise.

Taxes 159

Taxes Management Risk Management Capital 159

PYMNTS

APRIL 10, 2018

The statistic follows a push by government officials to promote lending to small businesses to drive economic growth and development, reports in FINSMES said last week. “When these constitute a sizable proportion of a company’s total annual turnover, their cash flow may be at risk.”. .

Risk Management 123

Risk Management Analysis Survey Report 123

Abrigo

JUNE 15, 2023

Since 2016, the Financial Crimes Enforcement Network (FinCEN), as authorized under the Bank Secrecy Act (BSA), has issued Geographic Targeting Orders (GTOs) to detect money laundering and other illicit activity through real estate purchases. However, the U.S. Navigate your BSA exam with tips from this on-demand webinar.

Training 195

Training Regulation Compliance System 195

PYMNTS

MARCH 12, 2019

For now, testimony that Sloan has prepared ahead of the hearing has stated that the bank is tackling the “root causes” of the issues surrounding the bank, and Wells now exists as a “better bank” than has been seen in the past, before he took his top spot at Wells in 2016.

Washington 115

Washington Risk Management Lending Report 115

CFPB Monitor

MAY 18, 2016

In his April 2016 appearance before the Senate Banking Committee, Director Cordray made clear that FinTech companies are on the CFPB’s radar screen. On June 23, 2016, the OCC will hold a forum in Washington, D.C. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.

Innovation 68

Innovation Washington Risk Management Fintech 68

Independent Banker

JANUARY 28, 2016

Anticipating safety and soundness exam issues in 2016. As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Regulators believe that many banks are still finding it difficult to lend to as many creditworthy borrowers as they have in the past.

Community Bank 70

Community Bank Community Regulation Lending 70

Independent Banker

FEBRUARY 24, 2016

A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Risk-management practices “that cause concern,” the regulators wrote, include “a greater number of underwriting policy exceptions and insufficient monitoring of market conditions.”.

Community Bank 70

Community Bank Lending Community Regulation 70

PYMNTS

APRIL 1, 2019

McMahon had been in the position since 2016 — in a statement, she said it was an “honor” to serve. McMahon will turn to helping “with the very important year and a half that we have coming up: the re-election,” Trump said. Last year, the U.S.

Leadership 116

Leadership Policies Risk Management Analysis 116

FICO

JANUARY 21, 2020

Credit scoring is widely used in South Africa to determine the risk of credit applicants — using this kind of objective, precise measure of risk lets banks, retailers and other organizations lend with more confidence, which in turn means more people get approved for credit. Account Management Score Shows Increased Risk.

Analysis 52

Analysis Management Lending Risk Management 52

PYMNTS

MARCH 29, 2019

Such scandals included the sham account openings, where deposit and credit card accounts were created without customers’ knowledge, as well as the controversies over mortgage and auto lending. Not to mention, the outage over a 5 percent pay raise in 2018, where Sloan got $18.4 million that year.

Los Angeles 144

Los Angeles CA Risk Management Policies 144

Abrigo

JULY 7, 2022

Internal controls, model development can benefit Regulators, auditors, and other industry experts have repeatedly encouraged financial institutions since the CECL accounting standard was issued in 2016 to involve their auditors early on in the CECL adoption process. Sound Methodology Matters. Expectations for reserve levels.

Regulation 195

Regulation Management Video Data 195

CFPB Monitor

AUGUST 8, 2019

The letter was conditioned on Upstart’s agreement to a model risk management and compliance plan that required it to analyze and address risks to consumers, and assess the real-world impact of alternative data and machine learning.

Data 60

Data Lending Compliance Policies 60

PYMNTS

SEPTEMBER 30, 2016

And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Expense Management. Alternative Lending. Treasury Management. In all, nearly $200 million went to B2B startups this week.

Capital 100

Capital blockchain Management Lending 100

CFPB Monitor

AUGUST 22, 2016

In January 2016, the CFPB published a notice in the Federal Register soliciting applications from individuals interested in becoming members. Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA.

San Antonio 60

San Antonio Kansas City Groups CA 60

BankUnderground

JUNE 25, 2020

There is a global market for these vendors, and a wide range of functions are provided, especially back-office functions such as HR and accounting services, as well as specialised risk management and product development activities. Risks from barriers to cross-border flows of financial data.

Data 110

Data Big Data Regulation Risk Management 110

Fintech Labs Insights

APRIL 27, 2016

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. “This award is recognition of the strength of our idea for peer-to-peer lending and the growth we have seen since then as the idea has moved mainstream,” Giles Andrews said.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Remember that?

Idaho 172

Idaho Community Industry Strategy 172

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Big Data 100

Big Data Analytics Data Survey 100

Gonzobanker

MAY 21, 2019

The framework to assess the acquired bank is based upon Bezos’ famous 2016 shareholder letter that outlines Amazon’s core business philosophy. The Project Management Office appears solely focused on scheduling meetings and updating status reports, and the chief credit officer screams about excess “loan file exceptions.”

Customer Experience 112

Customer Experience Analytics Management Operations 112