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CRE risk management: Navigating hazards and opportunities

Abrigo

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. But that might not be the best move for your financial institution or your community.

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Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

That does not mean older verification methods are obsolete, however: Many companies still rely on knowledge-based authentication (KBA) methods like passwords or security questions, even in areas like business lending — where stringent verification is crucial. Government-issued digital identities are not just the realm of sovereign nations.

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FinTech Could Be Hurt By Fight Between OCC And States

PYMNTS

TechCrunch said the fight between states and the OCC centers on a proposal made by the OCC in December, in which it details a program that enables FinTechs to apply for charters to become special purpose national banks. Among the states that have issue with it are New York, Florida, Ohio and California. Take New York as one example.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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How community banks can help young homebuyers

Independent Banker

year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. Source: 2022 Home Buyers and Sellers Generational Trends, National Association of Realtors.

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Covering New Ground

Independent Banker

RiverHills Bank in Milford, Ohio, gives its mortgage officers laptops to generate applications in the field wherever prospective borrowers may be, says Sarah Fawcett, the $122 million-asset community bank’s vice president of mortgage loan operations. “In Dan Hickman, Riverhills Bank.

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FinDEVr APIntelligence

Fintech Labs Insights

Online Lending Innovator SoFi Launches Robo Advisor. Ohio-based First National Bank of Pandora chooses core account processing platform from Fiserv. Trulioo Bolsters Regtech Solution with Mitek Partnership. Alumni updates. Trulioo Bolsters Regtech Solution with Mitek Partnership.

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