Remove 2007 Remove FDIC Remove Lending Remove Marketing
article thumbnail

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
article thumbnail

Why Better Data Is The First Step In Curing The Startup Slump

PYMNTS

Consumer, enterprise and SMB lending all ground to a near halt and underwriters across the spectrum struggled to regain equilibrium after a crisis in mortgage underwriting bloomed into a plague that destabilized the entire global economic system. The rising tide, it seemed, was lifting all boats. topped the number of ones that closed.

Data 135
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Federal Home Loan Bank System: Lender of Next-to-Last Resort

Jeff For Banks

"The FDIC recently has observed instances of liquidity stress at a small number of insured banks." So opened the Summer 2017 FDIC Supervisory Insights issue. I recently wrote that I thought bankers would have to prepare to offer rates more in line with the market. And so went your exams. The Fed Funds Rate was 1.25%-1.50%.

FDIC 60
article thumbnail

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

Jeff For Banks

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. The old borrow short, lend long strategy. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78
article thumbnail

Disruptive technology will not kill banks

Jeff For Banks

Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. The branch is king, and if you don''t have one in a market, you will not succeed there. Lending Club funded $5 billion in loans since its founding in 2007. Was Vanguard a disruptor? Was ING Direct a disruptor?

article thumbnail

Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. Market strategy outside the US. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending.

Cards 101
article thumbnail

The Mother List of All Banking Books

Jeff For Banks

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78