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. That 13% represented 80% of the losses to the FDIC insurance fund. How did we get here?

Risk Management 150

Risk Management Management Capital Lending 150

PYMNTS

OCTOBER 17, 2017

An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Before this year, the last time that happened was in 2006, when Walmart made a move on an ILC.

Industry 108

Industry Fintech FDIC Community Bank 108

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.

Lending 60

Lending Regulation Community Community Bank 60

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

OCTOBER 15, 2021

If this were 2006, things would be good. Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. You've been conservative, preferring the stability and security of bank deposits versus the gyrations of the market.

Taxes 78

Taxes FDIC Guidelines Policies 78

Jeff For Banks

MARCH 3, 2018

When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. Didn't even exist in 2006. SunTrust - Developed Lightstream , a national online lending platform to provide consumer loans for practically any purpose. Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ?

Apple 65

Apple Millennials Massachusetts FDIC 65

Jeff For Banks

JUNE 2, 2023

bank failures per year between 1996 and 2006, and 3.6 The old borrow short, lend long strategy. I want to read to you the FDIC’s conclusion from their An Examination of the Banking Crisis of the 1980’s and Early 1990’s. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 60

FDIC Community Bank Regulation Lending 60