Abrigo
DECEMBER 18, 2023
Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Critical capital Should CRE lending be off the table? You might also like this webinar on credit department housekeeping. CRE loans make up 28.7% at big banks.
PYMNTS
AUGUST 30, 2020
But RER instead decided to subcontract much of the loan processing to a Rocket Loans , a unit of lending giant Rocket Cos., While authorities say this is common, Trevor Brown , professor of public management at Ohio State University, said it could pose risk since "you are not competing," WSJ reported. Rocket Cos.
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Abrigo
JUNE 2, 2015
Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.
PYMNTS
SEPTEMBER 17, 2020
Louis and Dayton, Ohio. Financial products like credit cards or business loans may leave out the unbanked or underbanked — forcing them to use inconvenient and costly payday lending, check cashing and remittance services,” the credit card giant said in its release. “The
Abrigo
JULY 5, 2020
Credit unions like Telhio Credit Union in Central Ohio had employees working around the clock to help with PPP loans, and they used an SBA lending solution that automated the origination process, as well as the forgiveness and administration phases. In fact, it was Ohio’s top SBA lender among credit unions.
Independent Banker
JULY 31, 2022
When we share information, we can make the industry better,” says Tim Martinson, one of the group’s founders and the marketing manager at $1 billion-asset North American Banking Company in Roseville, Minn. “We Membership is open to non-competing community bankers throughout the United States. Tim Martinson, North American Banking Company.
Abrigo
MAY 24, 2023
Sherrod Brown, D-Ohio, in the same hearing. “The lack of electronic records in this world makes it easy to move money that shouldn’t be moved.” Without full access to the banking and payments system, legal cannabis businesses are forced to operate in the shadows,” said Sen.
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