Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. Ashbaugh’s presentation begins with a quick summary of why regulators care about HVCRE. That 13% represented 80% of the losses to the FDIC insurance fund.

Risk Management 150

Risk Management Management Capital Lending 150

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Bank 131

Community Bank Community Fintech Lending 131

CFPB Monitor

OCTOBER 1, 2018

1010.100(d) — and their subsidiaries which are subject to the jurisdiction of the OCC, Federal Reserve, FDIC, or NCUA. corporations, partnerships, sole proprietorships, and trusts) to facilitate the purchases of property and casualty insurance policies, otherwise known as premium finance loans or premium finance lending.

Regulation 60

Regulation FDIC Policies Compliance 60

Abrigo

NOVEMBER 9, 2022

“They’re all three right,” Moore said, adding that choices institutions make during implementation will affect whether the reserve stays the same, goes up, or goes down compared to their present allowance for loan and lease losses levels. Use a software tool [and] ensure your auditors and regulators are in the loop on progress.”

Survey 195

Survey Software Resources Meeting 195

CFPB Monitor

OCTOBER 6, 2022

Here, a different question is presented: who actually assumed the risk and made the loans at issue in light of the Commissioner’s allegations that all was structured with OppFi as the lender….As As alleged the Commissioner is not attempting to regulate the transfer of loans in the secondary market.

California 78

California FDIC Analysis Utah 78

PYMNTS

OCTOBER 30, 2019

“While adoption for consumer accounts is enhanced through regulatory drivers, adoption for business accounts is based on market interest,” she stated in her presentation at the Association for Financial Professionals’ AFP 2019 event. Open Banking Targets Corporates.

Lending 102

Lending Fintech America Data 102

CFPB Monitor

MAY 29, 2019

In addition, it directed the GAO to review the implementation of the amendment. (In February 2019, the FDIC and Federal Reserve Board issued a joint advisory to make financial institutions aware of the provisions in the Economic Growth Act dealing with loan rehabilitation programs.).

Report 60

Report FDIC Regulation Industry 60

Independent Banker

SEPTEMBER 25, 2014

Federal regulators say, not always. And there are valid circumstances for engaging objective, outside experts to audit and review their risk management and compliance activities, but placating regulators is not one of them. 36% for interpreting regulations. For the regulators, the key word is “independence.”

Community Bank 70

Community Bank Compliance Risk Management Community 70

Independent Banker

NOVEMBER 25, 2015

Meanwhile new competitors regularly emerge, including person-to-person facilitators such as digital wallet provider Venmo, crowd-funding loan provider Lending Club and real-time cryptocurrency settlement company Ripple. See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

JUNE 24, 2010

Economists and government officials continue to cite lack of lending activity as a key contributor to our economic malaise. Much of the standoff revolves around real estate secured lending. Regulators are slightly schizophrenic on the subject. What I suggest regulators consider is collateral alternatives.

Lending 66

Lending FDIC Regulation Regional 66

Jeff For Banks

DECEMBER 16, 2022

and Puerto Rico banking laws and regulations. Their net interest margin popped 30 basis points from year end 2021 to present because the balance sheet is chock full of core deposit funding accompanied by a heavy dollop of variable rate loans. five-year total return and #2 on the JFB Top 5! Well done! #3 Virgin Islands.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. The 2017 FDIC National Survey of Unbanked and Underbanked Households shows: Approximately 6.5% Amazon Lending. Today, Amazon has expanded its business lending to the US and UK. Amazon SMB Lending.

Cards 101

Cards Lending Strategy US 101

CFPB Monitor

NOVEMBER 19, 2018

Thirteen Republican Senators have sent a letter to FDIC Chairman Jelena McWilliams urging the FDIC to take action to ensure that lawful businesses are no longer at risk of adverse financial consequences as a result of “Operation Choke Point, and its associated culture and Choke Point-like regulatory actions.”.

FDIC 68

FDIC Operations Policies Regulation 68

Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. The Federal Reserve Board, OCC, and FDIC provided two hypothetical scenarios: baseline and severely adverse. Related Subhead.

Capital 195

Capital Regulation Risk Management Community 195

CFPB Monitor

DECEMBER 5, 2019

The OCC, Federal Reserve Board, FDIC, NCUA and CFPB have issued an “ Interagency Statement on the Use of Alternative Data in Credit Underwriting.”. Presumably such AD present lower risks because of their greater accuracy and direct relationship to credit underwriting.). fixed expenses such as housing, amount of variable expenses, etc.)

Data 97

Data FDIC Compliance Analysis 97

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. They are showing how Chang might read about potentially investing in SnapChat (multilingual presentation). Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions.

social media 40

social media ATM Mobile Customer Experience 40

CFPB Monitor

JUNE 20, 2022

To date, CFPB enforcement actions have raised “rent-a-charter” challenges only in the context of tribal lending, most notably in its enforcement action against CashCall. Nonbank/bank partnerships are currently under siege from several directions.

FDIC 78

FDIC California Texas Fintech 78

PYMNTS

AUGUST 29, 2018

The Office of the Comptroller of the Currency is aiming to rewrite the 1977 Community Reinvestment Act, which is designed to encourage bank lending in low-income areas. The FDIC and FCC did not back the comments on the part of the OCC, although both have shown an interest in rewriting the rules. and Federal Reserve.

Community 100

Community FDIC Compliance Regulation 100

PYMNTS

FEBRUARY 22, 2019

Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. In an announcement , FDIC Chairman Jelena McWilliams said, “Loan balances expanded, net interest margins improved and the number of ‘problem banks’ continued to decline.”. At the same time, interest income jumped by 8.1

FDIC 116

FDIC Taxes Industry Regulation 116

FICO

JULY 17, 2017

Similar efforts, further crowding the legislative calendar, may be pursued if the CFPB moves forward with issuing its final small-dollar lending regulation. The Act and accompanying regulations have significantly chilled the delivery of important, non-telemarketing customer-centric messages via cellphones.

US 40

US Leadership Regulation Policies 40