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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. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

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FinCEN reissues real estate Geographic Targeting Orders

Abrigo

FinCEN reissued Geographic Targeting Orders to include two new metropolitan areas. Real estate lending BSA training should include GTO guidance , specifically on how to identify red flags at loan origination. Real estate lending BSA training should include the GTOs guidance. to ensure the detection of these transactions.

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Think Small! A Tiny Canadian Credit Union Proves Rural Branches are Sustainable Too

NCR

On a balance sheet, there’s no question that a branch in rural Saskatchewan is going to look like it’s underperforming compared to high-margin, high-traffic branches in New York City or Montreal. Our lending rates are a little higher than the charter banks, but our members want the service,” the credit union manager said.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Long before livestreaming became commonplace, Pseudo pioneered real-time webcasting from its studio offices in New York City. Total Funding: $263M. The Outcome.

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The community banks standing by hospitality customers

Independent Banker

New loan demand returns. Industry data clearly shows that recovery is underway, although some segments and regions are faring better than others. Hospitality lending is a natural fit for the State Bank of Texas. We are going to look at who we’re lending to first.”. billion-asset, family-owned community bank.

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37 Corporate Innovation Labs In Finance

CB Insights

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Founded: 2010.