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CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 2 Address early warning signs immediately so you don't risk liability that could lead to the financial institution losing the CRE loan's collateral.

Strategy 221
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The top lending & credit risk blogs of the year

Abrigo

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." Abrigo's blog covered these and other subjects in 35 credit and lending-specific posts this year.

Lending 221
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What to look for in construction loan automation software

Abrigo

DOWNLOAD . 3 features that can improve speed and efficiency Construction loan automation eliminates manual processes, saving time and reducing human error. Here's what to look for in a software. You might also like this whitepaper: "10 ways construction loan monitoring software saves time." Reduce manual processes.

Software 195
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SAFE Banking Act returns to Congress: Is safe harbor for cannabis banking on the horizon?

Abrigo

If signed into law, the SAFE Act would allow banks to provide services to cannabis-related businesses (CRBs) in states that have passed the legalization of marijuana in some form. According to a letter from the American Bankers Association (ABA) to the Senate Banking Committee, only about 11 percent of all U.S.

Lending 195
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Want answers on CECL? Fed webinar aimed at non-bankers

Abrigo

That call [Ask the Fed] is designed for bankers and we already have received lots of good questions from many of you,” the Fed said in its notification. Sign up for the FedPerspectives session here. To learn more about CECL, download the whitepaper, “ FASB’s CECL: How to Prepare Now.”. 30 from 1 p.m. to 2:30 p.m.

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Moving on from your construction loan spreadsheet

Abrigo

Takeaway 3 Manage construction loan risk better with more accurate and up-to-date data. Construction loan spreadsheets are slowing you down. Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. Leveraging software to work smarter.

Lending 195
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Evaluate New Core Providers With Successful Vendor Management

Independent Banker

You need something that fits and adapts to your needs, and sets your business up for growth. When deciding on a new provider, ask the critical questions before signing on the dotted line. At IBT Apps, we know what community bankers need to make the right core decision. Download our ebook to learn more about vendor management.