Abrigo

DECEMBER 31, 2019

The top lending and credit blog posts focused on improving loan pricing, creating a better experience for borrowers, and developing risk ratings. Those priorities are apparent in the most popular Abrigo lending and credit blog posts for the year. Popular articles about credit, lending. Credit Risk. Credit Risk.

Lending 150

Lending Community Bank Software System 150

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). 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. Most Oft-Heard Statements of 2020. So, let’s go!

Idaho 181

Idaho Community Industry Strategy 181

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." Loan performance since 2020 Chart 2.

Management 195

Management Risk Management Policies Lending 195

Jeff For Banks

JANUARY 26, 2023

The FDIC has defined community banks in their December 2020 Community Banking Report that either exclude or include the following criteria: Seems complicated. A community bank lends depositor money here. A big bank lends a little here, there, and everywhere. A community bank is vested in the success of the communities it serves.

Community Bank 147

Community Bank Community FDIC Risk Management 147

Abrigo

SEPTEMBER 1, 2020

In fact, 70% of bank executives and directors said their institutions had implemented or upgraded an application or technology specific to PPP loans, according to Bank Director’s new 2020 Technology Survey. Leveraging tech for SBA lending after PPP. Indeed, only about 1,700 lenders participated in the SBA’s 7(a) program in fiscal 2019.

Lending 195

Lending Training Technology Survey 195

Abrigo

DECEMBER 30, 2019

Key Takeaways Using exam findings from 2019 can help strengthen your BSA program in 2020. Regulatory hot topics and exam findings from 2019 give us a good road map for 2020 exam preparation. He suggests using this data to reverse engineer your exam experience for 2020 and start the year on a proactive note. Fraud Prevention.

Training 195

Training Compliance Leadership Fraud 195

Abrigo

SEPTEMBER 13, 2021

Banking Trends from the FDIC's 2Q Report Net interest margin reached a new record low, but positive signs emerged in lending. You might also like this webinar: "The Basics of Consumer Lending." billion represents an increase of 281% compared to one year ago (June 2020), driven by a $73 billion decline in provision expense.

FDIC 195

FDIC Lending Capital Trends 195

Abrigo

OCTOBER 21, 2020

Next, Joe examined Trepp's research report which took first quarter 2020 loan-level bank data and ran it through the TreppDM model using Trepp’s main COVID scenario. CRE Lending. Credit Risk Management. Lending & Credit Risk. CRE Lending. Lending & Credit Risk. CRE Lending.

Marketing 312

Marketing Lending Risk Management Retail 312

Banking Exchange

FEBRUARY 22, 2021

Research from the Federal Reserve noted profitability and capital positions improved in H2 2020 Financial Research The Economy Feature Fair Lending Feature3 Risk Management Covid19 PPP.

US 130

US Risk Management Lending Capital 130

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

Abrigo

AUGUST 8, 2021

2020 Interagency Guidance. The 2020 Interagency Guidance on Credit Risk Review Systems includes updated recommended practices related to independent loan review and credit risk review systems. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions.

System 195

System Lending Policies Regulation 195

Banking Exchange

DECEMBER 16, 2020

The coronavirus pandemic has created turbulent conditions in ag lending in 2020 Risk Management Retail Banking Fair Lending Operational Risk Credit Risk Rate Risk Feature3 Feature Financial Trends Covid19 The Economy.

Risk Management 88

Risk Management Lending Trends Retail 88

Abrigo

OCTOBER 8, 2021

Takeaway 1 Loan review or credit risk review is a significant risk management function. . Loan review or credit risk review is a significant risk management function. Consumer Lending. Lending & Credit Risk. Consumer Lending 101. Lending & Credit Risk.

Video 195

Video Lending Risk Management Management 195

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. You might also like this webinar on small business lending best practices. Top problems in small business lending. Roadblocks to Success.

How To 195

How To Lending Software Survey 195

Abrigo

JUNE 4, 2020

Credit Risk Management. Lending & Credit Risk. SBA Lending. CRE Lending. Credit Risk Management. Lending & Credit Risk. CRE Lending. Credit Risk Management. Lending & Credit Risk. Risk Ratings. Loan Origination System.

Lending 195

Lending Risk Management Management Community 195

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 259

Lending Community San Antonio Survey 259

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 2 Far fewer financial institutions regularly participate in SBA (7a) lending than the more than 5,000 that joined the PPP. . Why SBA Lending? We know 2020 stunk,” he said. “As 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

JULY 14, 2020

PYMNTS Provider Ranking of Alternative Credit Apps tracks activity in the space, where the top five players have held steady throughout 2020. In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. Taking it from No.1

Lending 130

Lending FDIC Minneapolis Utah 130

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

JANUARY 24, 2021

For those borrowers, the Form 3508EZ Instructions say they must include documentation of “the average number of full-time equivalent employees on payroll employed by the Borrower on January 1, 2020 and at the end of the Covered Period.” CRE Lending. Credit Risk Management. Lending & Credit Risk.

Lending 195

Lending Risk Management Management Payments 195

Abrigo

OCTOBER 15, 2020

For example, a borrower whose covered period ends on October 30, 2020 has until August 30, 2021 to apply for forgiveness before loan repayment begins.” . Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. CRE Lending. Credit Risk Management.

Payments 221

Payments Lending Community Examples 221

Abrigo

OCTOBER 28, 2020

A storm of events that have defined 2020 leaves many community financial institutions today in the position where balance sheets are awash with liquidity and competitive markets are squeezing rates on good quality loans to lower-than- comfortable levels. CRE Lending. Credit Risk Management. Lending & Credit Risk.

Lending 195

Lending Risk Management Management Community 195

Abrigo

OCTOBER 3, 2021

In addition, updated guidance on loan and credit risk review in 2020 emphasized the importance of independent loan review or credit review systems that are tailored to institutions’ specific risks and circumstances. Consumer Lending. Lending & Credit Risk. Consumer Lending 101. Learn More.

Survey 195

Survey Data Lending System 195

Abrigo

OCTOBER 15, 2020

Fraudulent (or lack of) supporting documents Supporting documents are a critical part of both the application phase and forgiveness phase of PPP lending. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. CRE Lending. Credit Risk Management.

Fraud 150

Fraud Lending Los Angeles Taxes 150

Abrigo

MAY 1, 2020

15, 2020, rent payments on leases dated before Feb. 15, 2020, and utility payments under service agreements dated before Feb. Borrowers have until June 30, 2020 to restore salary and full-time employment levels for any changes made between Feb. 15-April 26, 2020. Lending & Credit Risk. SBA Lending.

Taxes 195

Taxes Lending Payments Report 195

Abrigo

DECEMBER 2, 2021

Based on some industry trends and regulatory priorities, here are a few ideas for spending surplus budget funds to help grow your financial institution next year or mitigate risk. The influx of money from government relief programs like the Paycheck Protection Program (PPP) in 2020 and 2021 left financial institutions flush with cash.

Conference 195

Conference San Antonio Lending Fraud 195

South State Correspondent

APRIL 23, 2023

The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple. Bankers need to understand and manage their business on the fair value of assets and liabilities instead of managing their business on net interest margin and the amortized historical cost of assets and liabilities.

Management 195

Management Security Risk Management social media 195

CFPB Monitor

NOVEMBER 10, 2020

In July 2020, the Federal Financial Institutions Examination Council issued a “ Joint Statement on Managing the LIBOR Transition.” ” The statement highlighted the financial, legal, consumer protection, and operational risks that will result from LIBOR’s expected discontinuation.

Regulation 78

Regulation FDIC New York Lending 78

CFPB Monitor

APRIL 1, 2021

Augmenting risk management and control practices. The agencies observe that the potential risks associated with using AI are not unique to AI, such as creating operational vulnerabilities and consumer protection risks (fair lending, UDAAP, privacy). Fair lending. Uses of AI.

Risk Management 78

Risk Management Training Lending FDIC 78

FICO

DECEMBER 8, 2022

This four-part series looks at embedding portfolio risk resilience into decisions across the credit lifecycle through targeted application of the FICO ® Resilience Index. Tue, 02/18/2020 - 14:57. risk that only manifests during periods of economic stress) more precisely. FICO Admin. by David Binder. Senior Director, Scores.

Risk Management 52

Risk Management Strategy Management Analytics 52

Abrigo

AUGUST 11, 2020

Credit Risk Management. Lending & Credit Risk. Loan Modifications and Workouts: Best Practices for Managing the Process in 2020 and Beyond. Lending & Credit Risk. Lending & Credit Risk. Learn More. Whitepaper. Learn More. Whitepaper. Asset/Liability.

Lending 195

Lending Risk Management Payments Survey 195

Abrigo

AUGUST 5, 2020

Therefore, it’s essential that the credit memo captures the complete picture of the borrower to ensure proper risk management. Loan grading scales, weighting, and adjustment levels should be a direct reflection of the institution’s credit culture and past lending experiences – especially those painful losses, Wear explained. “I

Management 195

Management Risk Management Trends Industry 195

Lex Sokolin

DECEMBER 25, 2019

As 2020 sneaks upon us, it’s the season for predictions and prognostications. Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you

blockchain 52

blockchain Bitcoin Software Lending 52

FICO

JANUARY 15, 2021

Here are the top five posts from 2020 related to the FICO Score: FICO Resilience Index Now Available For Lenders To Pilot. FICO® Score was 711 in October 2020 – a full 5 points higher than the average FICO® Score reported a year before. As of July 2020, just 7.3% lending decisions (Mercator Advisory Group Analyst Report 2018).

Report 59

Report Payments Cards Data 59

CFPB Monitor

AUGUST 7, 2020

The Coronavirus Aid, Relief, and Economic Security Act of 2020 (“CARES Act”) provided several forms of financial relief to businesses and individual borrowers, and some states and localities have provided similar credit accommodations. The guidance also recommends several effective approaches to consumer protection risk management.

Risk Management 78

Risk Management Management Guidelines Report 78

Independent Banker

NOVEMBER 30, 2022

In 2020, six-time World Series of Poker (WSOP) winner Daniel Negreanus moved his winnings account to Lexicon after another financial institution closed his account—a development the community bank addressed in a press release. “Our It also accepts the occasional $1 million or $2 million deposit from winning players. A natural fit.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129