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Food for Thought: A Policy on Credit Exceptions

Abrigo

Portfolio segments should be monitored and managed, not get buried in exception counts. unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). This is particularly true of credit exceptions related to account management (e.g., and property tax payments.

Policies 195
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Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets

Perficient

Traditional custody services in this context include facilitating the customer’s exchange of crypto assets and fiat currency, transaction settlement, trade execution, recordkeeping, valuation, tax services, and reporting. Ancillary custody services. Facilitation of customer purchases and sales of crypto assets.

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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.

Lending 60
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. I want to read to you the FDIC’s conclusion from their An Examination of the Banking Crisis of the 1980’s and Early 1990’s. To you, manage your interest rate risk. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

FDIC 78
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Bank Customers Lose Real Money

Jeff For Banks

Heck, maybe there'll be a reassessment and your real estate taxes will go down. Taxes go down? Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. I made a funny.

Taxes 78
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Banks are Flush With Cash, For Now

TrustBank

In its most basic form, a bank takes in money from savers (depositors), agrees to pay them a certain interest rate and then uses those funds to lend to borrowers at a higher interest rate, thus earning the difference as their income. Sometimes, banks do not lend out all that they can. Why such an increase?

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Income Investing Guide: How to Invest for Steady Cash Flow

MyBankTracker

Essentially, interest is a payment for lending your money to someone else. Since savings accounts are FDIC-insured , their interest rates are usually low. The reality is: This is rarely the case , but it is possible if you outsource all of the management of the rental properties you own. One tax is your ordinary income tax rate.

How To 52