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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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COVID-19 Scams Target The Business Community

PYMNTS

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. But new concerns are mounting over the U.S. Homeland Security investigators. business director, reports in Euro Weekly News said.

Community 219
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Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds

PYMNTS

Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery. Several publishers – including The New York Times and CNBC – petitioned Apple’s CEO Tim Cook to offer a commission structure similar to the one given to Amazon. New Report: How Behavioral Analytics Help FIs Block Fraud at the ITM.

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Ascension Leak Exposes 24M+ Loan, Mortgage Details

PYMNTS

A server running an Elasticsearch database contained sensitive data from as far back as 2008 that included loan and mortgage agreements, repayment schedules and other financial and tax documents. The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko.

Taxes 155
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Revenue-Based Financing Challenges The Bank Loan Status Quo

PYMNTS

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

Capital 132
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FICO Changes Reporting Data

PYMNTS

Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. Great news for buyers — possibly risky news for lenders. Many liens and judgements do not include all of that data.

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Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove

PYMNTS

But if action was what one was looking for — where things actually progressed or were accomplished — payments and commerce would have been a better bet for news consumption. Wells Fargo takes the security and privacy of our customers’ information very seriously,” the banking firm said in a statement according to the report. “We

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