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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Community Bank Advisory Council Members. Ian Ayres, William K.

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5 Reasons to Start CECL Implementation Now

Abrigo

It also will allow more collaboration between credit risk and accounting staff needed to develop forecasts for credit risks and trends. Banks and credit unions also need to determine what data has been tested or historically reconciled to make sure that gaps and inconsistencies do not cause problems. Portfolio Risk & CECL.

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