CFPB Monitor

SEPTEMBER 9, 2019

The CFPB’s fourth biennial report on the credit card market was issued at the end of August. The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB to perform periodic market reviews. Risk management. Fraud risk management.

Cards 60

Cards Report Marketing Leadership 60

Jeff For Banks

AUGUST 1, 2019

Financial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation. Although business confidence fell from the uncertainty, stock markets were reaching new record highs on many of indices. and is at risk of falling. in eight of the forty-one quarters since 2009.

Marketing 60

Marketing US Community Bank Community 60

Jeff For Banks

AUGUST 12, 2018

annually since 2009, while the record expansion of the 1990s saw growth of 3.6%. There are some signs of slowing in the housing markets; both existing and new home sales in June fell amidst rising mortgage rates and fewer gains in home prices. One of the causes of low growth since 2009 is uncovered! The economy has grown 2.2%

Marketing 60

Marketing Philadelphia Omaha US 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. “As The DOJ Finding. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

NOVEMBER 3, 2023

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. Unsurprisingly, the largest declines occurred starting monthly in March, 2006 and on a y-o-y basis in September, 2006 and continued to November, 2009.

Marketing 65

Marketing Community Bank Policies Community 65

Gonzobanker

JULY 10, 2020

How do we elevate our credit and operational risk visibility to ensure capital preservation and demonstrate strength to stakeholders? Are there growth opportunities that would make sense for us to consider at this time – such as entering new markets/M&A? Risk Management.

Risk Management 88

Risk Management Capital Strategy social media 88

Jeff For Banks

OCTOBER 25, 2018

since the current recovery began in June, 2009. Trade wars and tariffs dominated the market discussion in the third quarter with talk quieting down for now. since 2009, compared to 3% to 4% growth in other recoveries. We now have four quarters to go before we set a new record length of economic expansion. I believe that we will.

Marketing 65

Marketing US Taxes Trends 65

PYMNTS

MAY 5, 2016

For every new path cut through the market, the retailers standing in the way are cut down. From 2009 to 2013, same-store sales increased by marginal amounts in 2011 only and decreased by 6 percent in 2009, 10 percent in 2012 and 4 percent in 2013. Yes, that seems an appropriately fine number to panic over. May — Aéropostale.

Retail 100

Retail Branding Denver Management 100

Jeff For Banks

NOVEMBER 1, 2017

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The markets have not given way to anything, with long term bonds still trading in a tight range and short term rates having risen from Fed action. In fact, inflation has been less than 2%, the Fed’s presumed target, since 2009.

Marketing 60

Marketing Taxes DC Community Bank 60

Jeff For Banks

JULY 8, 2017

The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) Presidential Agenda I am very surprised that the markets are not having fits over the lack of progress on the presidential agenda.

Marketing 60

Marketing Community Bank Data Security 60

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. Best of luck in the next chapter, Chris! Might be time to.

Idaho 148

Idaho Conference Data Marketing 148

Jeff For Banks

JULY 15, 2013

Shell Shocked If you are a fixed income investor, you have seen the worst that the markets have to offer in the second quarter of 2013. You are not alone in trying to understand how quickly the markets changed. The selloff in 2009 was an adjustment following the extreme crisis in late 2008.

Marketing 81

Marketing Dallas Policies Groups 81

Jeff For Banks

APRIL 2, 2011

The World Around Us World events are impacting our markets. It is no surprise then that the confluence of these events chipped away at the stock market rally and set into motion the inevitable correction. Actually, stock markets are up nearly 100% since the Fed was in the midst of their first quantitative easing program in early 2009.

Philadelphia 74

Philadelphia Taxes Marketing US 74

Jeff For Banks

JANUARY 18, 2014

To put that GDP growth into perspective, consider that, in the three years following the recovery which began in June, 2009, real GDP averaged +2.2%. She will continue your zero rate policy and will “taper” your QE 3 program, because the markets have already dismissed its impact and tightened long term rates despite your wishes.

Philadelphia 81

Philadelphia Policies US Marketing 81

FICO

JUNE 14, 2018

The base was set at 100 in July 2009, and it climbed until the end of October 2011. The biggest impact to the index came as Russian lenders and their customers embraced a new kind of credit product: the credit card,” said my colleague Eugene Shtemanetyan, who manages FICO’s operations in Russia. What happened?

Risk Management 40

Risk Management Cards Maine Management 40

Jeff For Banks

OCTOBER 21, 2010

What are the Markets Thinking? Bond markets have been the big winners in the third quarter. Rates have fallen to incredible lows; Pimco, a large money manager, has referred to them as “Eisenhower” lows because they were prevalent in the 1950s. As the outlook improves, these companies will seek higher returns through investments.

Taxes 60

Taxes Marketing Capital Policies 60

Jeff For Banks

JANUARY 16, 2016

US stocks fell 6% to 7% during the first week of January, following world stock markets in a downward spiral. Its stock markets are said to have led the world markets plunge, with clumsy attempts by their regulators’ circuit breakers to stem declines actually making them worse. First and foremost, China is at it again.

Community Bank 60

Community Bank Data Atlanta Marketing 60

Jeff For Banks

JULY 27, 2014

To know if interest rates will rise soon, or sooner than the market expects, my advice would be to watch the Yellen Dashboard on employment and pay attention to whether the measures are improving over pre-crisis ones. The markets expect the first short term rate increase in mid-2015 and this is built into the futures markets.

Analysis 87

Analysis Report US Industry 87

PYMNTS

JULY 13, 2016

It’s certainly not the type of pull marketing they teach in business school, but at the rate merchants keep showing up on the Chapter 11 Watch, retailers can’t be too pika-choosey about the ways they draw new customers in. Minyard was founded back in 1932 and, at one point, operated more than 80 locations throughout the South.

California 100

California St. Louis Retail Branding 100

Jeff For Banks

JANUARY 19, 2011

Rates Give Us a Wild Ride Bond market behavior in the fourth quarter of 2010 was one for the record books. Was it the belief that the economy will finally grow or was it Bernanke’s comments on 60 Minutes and in the newspaper that he wanted the stock market to rise? No wonder the markets are under pressure. So what happened?

Philadelphia 60

Philadelphia Taxes US Marketing 60

Jeff For Banks

APRIL 5, 2012

They embarked on quantitative easing, or “QE,” programs twice in 2009 and 2010, buying up $2.3 Last Fall, they embarked on “Operation Twist,” to sell shorter dated securities and buy longer dated ones in an effort to push long term rates down, especially to get mortgage rates lower to help the still struggling housing market.

Security 74

Security Taxes Marketing Policies 74

Jeff For Banks

AUGUST 12, 2010

What’s Bothering the Markets? There used to be an old adage in the stock market: “sell in May and go away.” Stock markets did quite well this year into April then began to sell off relentlessly in May; in the meantime, bond markets moved higher, especially Treasuries, as investors sought the safety of bonds. Bummers all.

Taxes 60

Taxes Marketing Risk Management Groups 60

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Since October 2009, the average year-over-year FICO Score has steadily and consistently increased , from a low of 686 in 2009 to the latest high of 704 as of 2018. Average FICO Score — Has It Peaked?

Trends 63

Trends Fraud Data National 63

BankUnderground

AUGUST 10, 2023

Researchers have developed several strategies to identify such shocks, ranging from the construction of narrative-shock series ( Caldara et al (2019) ; Hamilton (2003) ; and Kilian (2008) ) to SVAR models of the oil market ( Baumeister and Hamilton (2019) ; Kilian (2009) ; and Kilian and Murphy (2012) ).

Policies 98

Policies Analysis Strategy Examples 98

BankUnderground

AUGUST 10, 2023

Researchers have developed several strategies to identify such shocks, ranging from the construction of narrative-shock series ( Caldara et al (2019) ; Hamilton (2003) ; and Kilian (2008) ) to SVAR models of the oil market ( Baumeister and Hamilton (2019) ; Kilian (2009) ; and Kilian and Murphy (2012) ).

Policies 98

Policies Analysis Strategy Examples 98

Jeff For Banks

MAY 20, 2017

They need a marketing person to title their reports. To summarize, banking institutions exceeding the concentration levels should have in place enhanced credit risk controls, including stress testing of CRE, and may be subject to further supervisory analysis. Risk mitigants tend to lag growth, especially fast growth.

Lending 60

Lending Regulation Community Community Bank 60

Gonzobanker

APRIL 23, 2020

If the institution is not getting the right markets that are indicative of its geography, now is the time to find a provider that can provide at least quarterly updates. Studies show that institutions that more rapidly pushed workouts in 2009-2012 came out healthier than those that chose to wait. Enlist outside assistance.

Management 79

Management Tampa Analytics Data 79

Jeff For Banks

OCTOBER 11, 2011

Another Volatile Quarter I know I risk sounding too negative, but we cannot seem to shake the crisis mentality that keeps whipsawing bond and stock markets. There has been a lot of talk about rescues from the European Union, but the markets want action. So why were the markets disappointed in the Fed’s forward guidance?

DC 65

DC Security Washington Marketing 65

Gonzobanker

MARCH 24, 2020

small business market. Whether or not an institution has a formal small business credit portfolio, it likely has exposure to the small businesses in its market area. It is the response of these financial institutions that will be the most difficult and beneficial to the FIs and obviously to the small businesses in their markets.

Groups 68

Groups Strategy Guidelines Marketing 68

Jeff For Banks

APRIL 10, 2015

A New Year of Volatility 2015 ushered in a whole new season of volatility in the bond and stock markets. The so-called recovery that began in June, 2009 has produced growth rates only about one half of “normal” recoveries since WWII. At least we are not in Boston. We need a change of seasons! Thanks for reading!

Philadelphia 60

Philadelphia US Study Boston 60

Jeff For Banks

NOVEMBER 7, 2016

As far as the markets go, volatility has tamed down and prices respond to economic data releases and Fed speak, but not much else. from WWII to 2009. There is a Presidential election coming and perhaps people are exhausted by it. I cannot wait for the political TV ads to end. All I keep seeing is mixed economic data. 8% in 1Q16.

Tools 60

Tools Community Bank Risk Management Community 60

CB Insights

JULY 16, 2017

” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor. Hiscox’s latest investment, Indio , provides a workflow management platform for commercial insurance brokers. Stated investment focus: N/A.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

DECEMBER 5, 2017

” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor. Hiscox’s latest investment, Indio , provides a workflow management platform for commercial insurance brokers. XL Innovate. Number of investments: 5.

Strategy 28

Strategy Marketing Analytics Innovation 28

Jeff For Banks

JUNE 2, 2023

Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. We knew there was tremendous hubris in the subprime market. 01 percent on my money market account when the Fed Funds rate rose to five, I was angry.

FDIC 60

FDIC Community Bank Regulation Lending 60

CB Insights

OCTOBER 6, 2017

With the emergence of industry-specific AI, the effects of automation — initially felt in manufacturing — are seeping into retail sales, restaurants, e-commerce, marketing, and even software development. Outsize impact on the labor markets. Professions at the greatest risk. Professions at lower risk. Jobs of the future.

Software 69

Software Industry Retail United States 69

FICO

JANUARY 15, 2021

Sally notes that analysis of FICO® Resilience Index data by Tom Parrent, former chief risk officer for Genworth Financial, shows that from 2010 to 2015, nearly 600,000 additional mortgages could have been originated to consumers with FICO® Scores between 680 and 699, had the FICO® Resilience Index been available to lenders at the time.

Report 59

Report Payments Cards Data 59

FluentBanking

APRIL 18, 2020

Unsuccessful candidates will, however, pay an examination fee of Tk 300/- (Taka three hundred) only per subject for each subsequent appearance: The new Enrolment Fees will be effective from the next Winter (November 2009) session.

Regulation 52

Regulation Case Study Security Management 52