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How to develop a sound MBL strategy

Abrigo

Credit unions have seen an unprecedented uptick in business-related loans in recent years, according to the Credit Union National Association’s (CUNA) U.S. From June 2007 to December 2012, MBL volume increased 66 percent, growing from $26.04 Credit Union Profile. billion to $43.16

Strategy 186
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A Tale of Two Models: How the Pandemic Affected Allowance Levels Under CECL and Incurred Loss Models

Abrigo

Following the 2007-2008 financial crisis, the CECL model aimed to provide more timely adjustments of reserve levels than the existing incurred loss method. Shortly after, COVID-19 was declared a national emergency, sparking stay-at-home orders and other mandates. Portfolio Risk & CECL. Portfolio Risk & CECL.

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Don't Bank. SoFi

Jeff For Banks

How good is their system compared to FICO, or other FinTechs that feel they are more evolved in credit risk management? Remember during the depression when the National Housing Act of 1934 created the Federal Housing Administration (FHA). So, too, I would suspect is the risk to SoFi and other marketplace lenders.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

He said we should use a measure of happiness like that used by the tiny Himalayan nation of Bhutan, which utilizes a Gross National Happiness index rather than a Gross National Product index for its 700,000 people. Maybe it is nationally, but Bucks County (PA) has yet to participate. We should all be so lucky.

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The Niche Bank

Jeff For Banks

Interestingly, Kelly started what would end up being EnerBank at Baltimore's First National Bank of Maryland (now M&T Bank ), a former employer of mine in the mid 1990's. First National divested the unit because it didn't fit their definition of "community banking". In fact, they had no non-performing loans in 2007-08.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters. Oh, brother!

Marketing 111
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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

The National Association of Business Economics, or “NABE,” is almost as optimistic at close to 3%. I keep thinking back to the Phillies playoff loss in 2007, which taught them “how to lose” before they came back strong and won it all the following year in 2008. and Janney Capital Markets at 2.1% Just saying.