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Optimizing small business lending: Best practices and strategies

Abrigo

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending.

Lending 195
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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221
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Great expectations: Loan review system regulations and how to adhere to them

Abrigo

Does your loan review system meet regulatory expectations? Read more for specific objectives every loan review system should meet. WATCH Takeaway 1 Loan review officers must figure out how to adhere to the FDIC’s guidance on loan review and credit risk review systems.

System 195
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Member business lending: How to leverage MBL for credit union growth

Abrigo

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. Takeaway 3 The specific policy areas outlined below should be carefully considered by credit unions engaged in member business lending.

Lending 221
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How to Choose the Best Automated Documentation System for Commercial Loans

The commercial lending space is booming as more developers take on projects, especially with the booming need for housing. Automated tools are making it possible to keep up with demand while also ensuring compliance, but it is important to remember that not all solution providers are created equal.

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Revamping Data Integration for CRA Compliance: A Necessity in the New Normal

Perficient

With advanced data integration processes from multiple sources, including internal systems and external data providers, financial institutions can gain a more comprehensive understanding of the credit needs of their communities and can develop more effective strategies for meeting those needs. What about the data?

Data 221
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7 Fraud and AML compliance reports for bank boards and credit unions

Abrigo

Share these reports on AML activities to inform directors Reporting to the board on AML and fraud compliance is an essential obligation. Why regular reports matter Board reporting on AML compliance activities BSA Officers have a lot of responsibilities. Reporting should represent the risk-based approach to AML/CFT compliance.