FICO

JUNE 1, 2023

Rates typically peak after holiday shopping then come down as consumers receive their tax refunds and use it to pay down debt. If you are a Risk Manager, you should be reviewing lending strategies to ensure customers are receiving the right treatment across the lifecycle and getting the help that is needed if debts cannot be fulfilled.

Trends 52

Trends Industry US Cards 52

Abrigo

SEPTEMBER 29, 2017

When the risk rating is calculated, however, the scorecard result does not match what she was expecting. If the financials were imported via automation such as Sageworks Electronic Tax Return Reader , the analyst should check that she chose the correct time periods to include in the analysis. What should she do? Check the inputs.

Analysis 150

Analysis Tools Risk Management Examples 150

Abrigo

JULY 13, 2016

Create an efficient and consistent credit risk management process with defensible documentation 3. Often data regarding actual fees, balances rates and tax treatments is not captured on the core system and therefore is not available for analysis. Foster long lasting and more profitable customer relationships 4.

Analysis 150

Analysis Risk Management Taxes Lending 150

Abrigo

DECEMBER 7, 2021

Inherent risk is any activity or factor posed to the financial institution, notwithstanding applying any management or risk mitigation tools. After adjusting the inherent risk for the institution’s risk management controls, residual risk represents the bank or credit union’s current risk.

How To 195

How To Fraud Analysis Compliance 195

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. Leverage technology to mitigate risk and gain efficiency.

Lending 195

Lending How To FDIC Survey 195

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. In this fourth and final blog post, we want to put the spotlight on actual use cases of Open Banking: why should entrepreneurs care about this? C) Risk Management.

Risk Management 69

Risk Management Data Examples United States 69

Abrigo

MAY 11, 2021

Takeaway 1 Global cash flow can provide a more holistic lending picture as lending decisions have become more complex. Many financial institutions use global cash flow analysis in their lending process. A common misstep seen in lending departments is the belief that a guarantor improves an applicant’s credit quality.

Analysis 195

Analysis Lending Taxes Comparison 195

Abrigo

APRIL 19, 2022

Not analyzing (or requesting) all of the necessary tax forms Tax returns and their supporting schedules are vital to performing a GCF analysis correctly. This may involve integrating multiple partnership and corporate tax returns, business financial statements, K-1 forms, and individual tax filings. Learn More.

Analysis 195

Analysis Taxes Lending Examples 195

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. In this fourth and final blog post, we want to put the spotlight on actual use cases of Open Banking: why should entrepreneurs care about this? C) Risk Management.

Risk Management 52

Risk Management Data Examples United States 52

Abrigo

MARCH 31, 2017

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. Eberley, director of the FDIC's Division of Risk Management Supervision wrote in the publication.

FDIC 186

FDIC Risk Management Analysis Lending 186