Independent Banker

FEBRUARY 24, 2016

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010.

Community Bank 70

Community Bank Community Lending FDIC 70

FICO

JANUARY 15, 2021

In our top post, Vice President and General Manager of Scores, Sally Taylor explained the new FICO Resilience Index, designed to provide lenders with a more precise assessment of consumer credit risk and consumers with demonstrated talent for weathering economic storms greater access to credit.

Report 59

Report Payments Cards Data 59

Jeff For Banks

AUGUST 12, 2010

Government and regulators are contributing to the pessimism with financial reform legislation that does not even address some of the causes of the crisis, new FASB proposals to impose harmful mark-to-market accounting on bank loans, and the looming expiration of the Bush tax cuts in 2011. to 3% in 2010 and about the same in 2011.

Taxes 60

Taxes Marketing Risk Management Groups 60

Jeff For Banks

JANUARY 12, 2012

They survived tight credit, lack of confidence, and over regulation to take GDP to record levels, to take corporate profits to record levels, and to make lots of cash so that they can hoard it on their balance sheets to the tune of $2.1 As they say, “don’t fight the Fed,” especially when they are “over-easing.” Businesses fared okay in 2011.

National 75

National Groups Survey Marketing 75

Perficient

MAY 17, 2022

In today’s mixed up, muddled up, shook up world, a business model that encourages — and even desires — some level of repossession can provide substantial profits to the lender (depending on state regulations). A solid data management and orchestration capability along with real-time or near real-time decision making.

Strategy 294

Strategy Customer Experience Study Technology 294

Jeff For Banks

OCTOBER 19, 2012

I know I risk sounding like Charles Plosser, but so be it. It seems to me that reducing burdensome regulations and not implementing harsher capital requirements would be more effective alternatives to incentivize lending than pushing all yields toward zero while buying up all of our bonds. So stay tuned! Thanks for reading.

National 79

National Security US Massachusetts 79

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

DECEMBER 20, 2019

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. We salute CEO Frank Weidner, CIO David Mason and Strategic Insights Manager Mike Lindberg for taking this big strategic step.

Idaho 148

Idaho Conference Data Marketing 148

Abrigo

SEPTEMBER 20, 2021

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. Stay up to date on small business lending regulation and other lending trends. public utilities credit.

Lending 195

Lending Data Compliance Regulation 195

CB Insights

OCTOBER 6, 2017

Meanwhile, nearly 5 million retail workers are at a medium risk of automation within 10 years. To put these numbers into perspective, estimates are that over a few years the Great Recession of 2007 – 2010 destroyed 8.7 These are the professions at the greatest risk. million jobs in the US. workers). AI Startups.

Software 69

Software Industry Retail United States 69

Gonzobanker

SEPTEMBER 5, 2017

Under the DFA, banks that cross over $10 billion in assets face costly regulations such as DFA stress testing, Consumer Financial Protection Bureau oversight and Durbin Amendment compliance, which caps banks’ interchange income. Although smaller institutions are not subject to DFAST, many have adopted it in some fashion.

Risk Management 60

Risk Management Compliance Survey Cards 60

CFPB Monitor

JULY 5, 2022

While fair lending has already been identified as a priority for banking regulators by the Biden Administration, the GAO report, particularly its findings regarding the decline in annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks, could further fuel the OCC’s focus on fair lending.

Lending 78

Lending Report Policies Handbook 78