Remove 2007 Remove FDIC Remove Lending
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Get your ducks in a row: HVCRE risk management

Abrigo

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?

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LendingClub Broadens Access To Credit With Select Plus Platform

PYMNTS

.” Select Plus Platform joins other recent LendingClub innovations like Levered Certificates and CLUB Certificates to offer access to the increasingly mainstream asset class of consumer lending. LendingClub has facilitated billions of loans made by WebBank , member FDIC, since its rollout in 2007.

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Why Better Data Is The First Step In Curing The Startup Slump

PYMNTS

Consumer, enterprise and SMB lending all ground to a near halt and underwriters across the spectrum struggled to regain equilibrium after a crisis in mortgage underwriting bloomed into a plague that destabilized the entire global economic system. The rising tide, it seemed, was lifting all boats. topped the number of ones that closed.

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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

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.

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Disruptive technology will not kill banks

Jeff For Banks

Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. Lending Club funded $5 billion in loans since its founding in 2007. Was Vanguard a disruptor? The branch is king, and if you don''t have one in a market, you will not succeed there. Was ING Direct a disruptor? And Quicken Loans.

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Why The ICBA Is Fighting Industrial Loan Charters For FinTechs

PYMNTS

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. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank.

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Real Estate: Love it or hate it?

Jeff For Banks

Economists and government officials continue to cite lack of lending activity as a key contributor to our economic malaise. Much of the standoff revolves around real estate secured lending. Our current slump, which started at the end of 2007 was real estate driven. dropped 24% from 2007 through the first quarter 2010.

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