Abrigo

MAY 19, 2023

Introduction A few good men and women In previous articles, we have explored the objectives of a loan review and credit risk review system in general. They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines.

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. This article describes recent comments by financial regulators about managing change.

Management 195

Management Lending Risk Management Strategy 195

Abrigo

MAY 15, 2020

Customer due diligence (CDD) steps that should be taken by the lending institution includes: If the loan is being made to an existing customer and the Customer Identification Program (CIP) information was previously verified, there is no need to re-verify the information. Lending & Credit Risk. Member Business Lending.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

PYMNTS

OCTOBER 31, 2019

Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. P2P lending fell under scrutiny when President Xi Jinping starting cracking down on financial risk. Scandals also turned a negative spotlight on the P2P sector.

Regulation 100

Regulation Lending Meeting Fraud 100

Abrigo

JULY 11, 2017

In December of 2016, the Consumer Financial Protection Bureau’s associate directors of the Office of Fair Lending expressed a new shift in priorities that will increase focus on small business lending, among other loan types. published in the May 2017 issue of BankNews.

Regulation 150

Regulation Memphis Tennessee Lending 150

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Would you like other articles on loan review in your inbox? This article is substantially updated from a 2013 blog post. Identifying Credit Weaknesses.

System 195

System Lending Policies Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members.

Technology 195

Technology Fraud Compliance Regulation 195

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. Because the article represents one of the few regulatory perspectives on this issue, we highly recommend that financial institutions read it.

Lending 130

Lending social media Compliance Regulation 130

CFPB Monitor

FEBRUARY 23, 2022

Yesterday, eight federal agencies joined together to issue an “ Interagency Statement on Special Purpose Credit Programs Under the Equal Credit Opportunity Act and Regulation B ” (Interagency Statement). The agencies consist of the CFPB, FDIC, OCC, Federal Reserve Board, NCUA, HUD, DOJ, and FHFA.

Regulation 78

Regulation Lending FDIC Compliance 78

Abrigo

AUGUST 2, 2023

This article outlines a structured approach to ensuring management can confidently answer inquiries about the health of their CRE segments and related credit performance. The health of CRE loans and related credit risk is a focus not only of investors, board members, and other stakeholders but also of upcoming regulatory exams.

Report 195

Report Risk Management Lending Analysis 195

Abrigo

DECEMBER 1, 2021

Would you like other articles like this in your inbox? This article is substantially updated from a 2013 blog post. Banks are required by regulators to have formal risk rating policies in place to determine how ratings are assigned. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk.

Risk Management 195

Risk Management Lending Policies Management 195

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. Anxiety, anxiety, anxiety.

Lending 60

Lending Regulation Community Community Bank 60

The Financial Brand

MARCH 9, 2023

This article Credit Unions Bulk Up in Commercial Lending and Home Equity, Along with CDs appeared first on The Financial Brand. Loan growth is a strength for credit unions, but the top federal regulator frets over rates and heightened risk trends.

Lending 29

Lending Trends Branding Regulation 29

Abrigo

SEPTEMBER 20, 2023

Would you like other articles like this in your inbox? Understanding tax ID fraud FinCrime professionals looking to prevent tax ID fraud, first need to understand the fundamentals of what is happening and their best recourse for prevention.

Taxes 195

Taxes Fraud Trends Exercises 195

CFPB Monitor

APRIL 15, 2016

The interest of federal regulators in marketplace lending continues to grow. In July 2015, the Treasury Department issued a request for information regarding online marketplace lending and, in February 2016, the FDIC published an article highlighting the risks for banks that partner with marketplace lenders. .

Lending 60

Lending FDIC Washington Financial Technology 60

Abrigo

SEPTEMBER 5, 2023

In this article, I'll cover what a credit exception is, recommendations for creating loan/credit exceptions, and tips for developing an exception policy for the financial institution. unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit).

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

DECEMBER 23, 2022

Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Would you like other articles like this in your inbox? Th e article is intended for the ALM rookie who wants to understand ALM basics: the process and its usefulness. Lending & Credit Risk. Learn more.

Resources 195

Resources Risk Management Study Strategy 195

South State Correspondent

APRIL 9, 2024

For example, at the start of 2024 the market expected six interest rate cuts, while at the time of writing this article the market expects only 2.6 NOCRE is already scrutinized by bank regulators. cuts through the end of the year.

How To 195

How To Community Community Bank Marketing 195

Independent Banker

AUGUST 31, 2022

To this day, I share important regulatory and compliance articles with relevant team members, emphasizing hot-button issues or key notes along the way. Fair Lending/Section 1071/TRID. Fair Lending/Section 1071/TRID. Regulations are there to require what we do every day as community bankers: protect our customers.

Compliance 177

Compliance Community Leadership Industry 177

South State Correspondent

APRIL 23, 2023

Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.

Management 195

Management Security Risk Management social media 195

Abrigo

JULY 16, 2021

Would you like others articles like this in your inbox? Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. While these are general today, the AMLA requires that regulations be written around each Priority, as appropriate. BSA Rules and Regulation.

Community 195

Community Regulation Training Policies 195

Abrigo

JUNE 5, 2023

In addition, even before the recent banking troubles, regulators have emphasized the financial institution’s responsibility to provide leaders with information on key areas of planning, operations, and risk management. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 195

South State Correspondent

AUGUST 21, 2023

We recently published an article concluding that the average community bank’s cost of capital is 12.5% ( here ). By increasing capital requirements at larger banks, regulators will indirectly increase capital costs at community banks. There are significant rollover risks for CRE loans maturing in the next 18 to 24 months.

Community Bank 195

Community Bank Community Capital Analysis 195

Abrigo

FEBRUARY 5, 2021

Takeaway 3 Meanwhile, regulators continue to reinforce the importance of lenders knowing customers and beneficial owners. Would you like others articles like this in your inbox? In the meantime, regulators are reinforcing the importance of lenders knowing their customers as they work with borrowers applying for PPP loans.

Fraud 195

Fraud Lending Taxes Regulation 195

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

AUGUST 30, 2019

Bad loans and governance concerns have hampered growth in recent years, the article said. Bad debts and scandals have curtailed lending and dissolved confidence. “It India’s non-bank lending sector is also experiencing some struggles stemming from defaults, failures and a reduction in consumer and business credit.

Lending 115

Lending National Regulation System 115

Gonzobanker

MARCH 13, 2018

As many community banks focus on growing their commercial lending businesses, many are embarking on transformation initiatives to improve their capabilities and competitiveness. But improving the user experience is rarely a goal of a lending transformation. Not surprisingly, many look to technology to support the transformation.

Lending 60

Lending Technology User Experience Data 60

PYMNTS

NOVEMBER 3, 2017

2), the company is in talks with the Prudential Regulation Authority for a full banking license, noting it was part of “contingency planning by the group to protect against potential post-Brexit regulatory risk.”. regulators, in particular the PRA, may result in [Volksawagen Financial Services] VWFS making an application for U.K.

Lending 100

Lending Regulation Groups Branding 100

The Financial Brand

FEBRUARY 8, 2023

This article NCUA Chief Targets Rate & Liquidity Risks as Credit Unions Reframe Competitive Strategies appeared first on The Financial Brand. The National Credit Union Administration chairman discusses new regulations, worrisome lending trends, fintechs and more in a wide-ranging interview.

Strategy 35

Strategy Trends Branding Lending 35

Filene

SEPTEMBER 30, 2016

After monitoring the ongoing conversation around the CFPB proposed regulations on Payday lending and other types of high cost installment loans, Filene takes a unanimous stance on the issue: Educate yourself on the proposed regulations, form an opinion, and submit a comment! The need for small dollar lending is huge.

Lending 28

Lending Regulation Innovation Community 28

Abrigo

AUGUST 1, 2022

Would you like other articles like this in your inbox? Takeaway 2 Even small banks or credit unions not regulated by the Federal Reserve are required to address control risks from models. MRM and model validation regulations. Effective challenge is a requirement for banks regulated by the Federal Reserve or OCC.

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

JUNE 17, 2015

Like other types of lending, banks must remain cautious to avoid too heavy of an agricultural concentration or too much lending within a certain ag segment. The challenge is that market conditions in this type of lending tend to be volatile. Without diversification, risks will be expounded.

How To 150

How To Kansas City Lending Analysis 150

CFPB Monitor

OCTOBER 14, 2015

A new article by Todd Zywicki for the Mercatus Center at George Mason University urges the CFPB to consider the “unintended consequences” of new debt collection regulations and conduct a careful cost-benefit analysis before imposing such regulations. Each of these steps requires careful analysis.”

Regulation 60

Regulation Analysis System Lending 60

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. This can be accomplished via a third-party, or an appropriate organizational structure that features personnel independent of the lending function.

Risk Management 186

Risk Management Management Lending Resources 186

Abrigo

OCTOBER 21, 2019

The following article was first published in ABA Banking Journal on October 17, 2019. The spotlight from federal and state regulators continues to shine on the use of third parties, and the pressure for those vendors to meet regulatory guidelines has greatly increased. 6 key areas of due diligence to consider before signing a contract.

Risk Management 150

Risk Management Management Lending Fraud 150

Abrigo

JUNE 28, 2023

Would you like other articles like this in your inbox? This article describes several reports that provide financial institution boards with vital information about the fraud and AML/CFT program. It is not an exhaustive list, but it gives good ideas on topics to start sharing.

Compliance 195

Compliance Fraud Report Trends 195