Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023.

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Lending Risk Management Community Management 221

South State Correspondent

JANUARY 20, 2023

ROE Targets Moved up in 2023 As was the theme for most of 2022, the target risk-adjusted return on equity increased from 15% at the start of 2022 to 24% at the beginning of 2023. The other ultra-competitive sector was owner-occupied lending backed by real estate to medical professionals. coverage as their spread was too high.

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Lending Community Bank Community Data 195

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending.

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Lending Trends Capital Strategy 221

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

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ABA Community Banking

DECEMBER 16, 2024

The total number and value of small-business and small-farm loans made by financial institutions subject to the Community Reinvestment Act declined in 2023 compared to the previous year, the banking agencies reported.

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Lending Data Community Report 52

Abrigo

JULY 20, 2024

Ready to catch the next wave of lending growth? Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. You might also like this paper on how institutions can produce smarter, faster lending. C&I lending will be the next “bomb.”

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Lending Risk Management Management Capital 195

Abrigo

JULY 25, 2022

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. Takeaway 2 Ag sector receipts are expected to increase, but so are input costs, so loan demand could pick up by 2023. . Farmers expect worse in 2023.

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Lending Kansas City Kansas Risk Management 195

Gonzobanker

DECEMBER 14, 2023

While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units. He passed away in January 2023. The Worst Day of the Year Award – goes to May 1, 2023, when First Republic Bank failed. What a year.

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Fintech Community Regional Technology 193

Abrigo

DECEMBER 27, 2022

Fraud trends for financial institutions to watch for in 2023 Financial institutions should not expect a slowdown of any of 2022’s fraud trends. Be on the lookout in 2023 for the following trends identified by the FBI. No fraud decrease likely for 2023. Current economic indicators do not bode well for fraud stabilization in 2023.

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Trends Fraud cryptocurrency Software 195

Abrigo

DECEMBER 28, 2023

Takeaway 2 Readers in 2023 were most interested in getting information about preparing for exams, learning about stress testing, and seeing how peers manage loan review. Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes.

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Resources Risk Management eBook Strategy 221

Abrigo

MARCH 31, 2023

You might also like this webinar: "CECL implementation FAQs: Progress as 2023 approaches" listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and credit risk as main concerns. Some credit unions discussed the expected effects of CECL adoption in 2023 in a separate section of their plans.

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Risk Management Policies Capital Maine 195

South State Correspondent

AUGUST 15, 2023

Regarding loan growth, lending continues to be at the slowest pace since 2008. Consumer lending and commercial real estate are leading most of the growth, at 11% (driven mainly by keeping more mortgages on the balance sheet) and 8%, respectively. Total industry loans grew 5.1% for the year compared to last year.

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Trends Community Bank Community Lending 195

South State Correspondent

JANUARY 4, 2023

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. Lending Focus – Interest Rate Sensitivity and Credit Accuracy.

Community Bank 195

Community Bank Capital Marketing Lending 195

PYMNTS

JANUARY 24, 2021

The paper stated that Viking Cruises reported heavy bookings for four-month cruises scheduled for 2022 and 2023 and in the meantime has added safety measures such as daily COVID-19 testing with the highly reliable PCR method and air-purification systems.

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Operations Groups Lending National 260

CFPB Monitor

DECEMBER 7, 2023

The Office of the Comptroller of the Currency (OCC) has issued a bulletin (2023-37) that provides guidance on managing risks associated with “buy now, pay later” (BNPL) lending. The bulletin cautions banks about the risks to banks and consumers associated with BNPL lending. . Continue Reading

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Lending Management 167

Abrigo

NOVEMBER 9, 2022

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . In many cases, financial institutions adopting CECL for the 2023 deadline are tracking ahead of where SEC registrants were as they faced a 2020 deadline.

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Survey Software Resources Meeting 195

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 195

Lending St. Louis Community Marketing 195

South State Correspondent

FEBRUARY 12, 2025

Countering this trend is more competitive lending than we have seen in 2024 that manifests in more price concessions and less than expected margin relief. On the interest rate risk side, banks put more fixed rates on their books in 2024 compared to 2023. In 2023, approximately 10% of new loans were fixed rates.

Trends 195

Trends Community Bank Capital Industry 195

South State Correspondent

MAY 22, 2024

In this article, we highlight the state of the bank commercial real estate office lending sector and make an argument about why banking might be better off than most analysts think. The State of Office Lending Risk – Traffic 2024 will mark the fifth consecutive year where office demand has declined.

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Lending Marketing Philadelphia San Francisco 195

South State Correspondent

JANUARY 22, 2023

In a previous article ( here ), we discussed why commercial loan prepayment protection would be a critical return on asset (ROA) driver for community banks in 2023. The post 4 Ways To Quantify Loan Prepayment Protection in 2023 appeared first on SouthState Correspondent Division. The greater fool theory breaks down in a recession.

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Community Bank Community Capital Maine 195

South State Correspondent

JULY 7, 2024

In commercial banking, lending optionality occurs for liquidity, credit, or interest rates. This example of a two-way asymmetrical liquidity option is common at most banks, and this was the primary cause of several high-profile bank failures in 2023. In contrast, borrowers hold the option to prepay assets.

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Lending Community Bank Community Exercises 195

South State Correspondent

AUGUST 16, 2023

Volume is not expected to pick up in the second half of 2023. There are issues with Fair Lending around trying to mitigate this risk, so banks are cautioned to proceed with counsel and risk review. The post Consumer Credit Update for 2Q 2023 appeared first on SouthState Correspondent Division.

Trends 195

Trends Cards Capital Data 195

Abrigo

DECEMBER 20, 2024

On the lending side, loan rates are expected to follow prime rates down, but the spread over prime may remain higher due to lingering credit risk concerns. Risks in multifamily CRE lending remain elevated, particularly in the luxury segment. The commercial real estate office sector remains stressed.

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Management Risk Management Trends Lending 195

South State Correspondent

FEBRUARY 27, 2022

Current Risk in Term Lending. The market expects the FOMC to raise short-term rates over six times in the next 12 months and the Fed Funds rate to reach over 1.60% by February of 2023. The post Our ARC Lending Tactic For Quality Loan Growth appeared first on SouthState Correspondent Division. Why ARC Makes Sense.

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Lending Community Bank Community Meeting 195

South State Correspondent

JUNE 13, 2023

However, when presented with a hedging strategy where the bank’s lending contribution to FTP is not known for 30 to 60 days, almost every banker declines – yet the same risk appears acceptable for the entire term of a balance sheet fixed-rate loan.

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Marketing Examples Capital Management 195

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

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Lending Community St. Louis Community Bank 158

Gonzobanker

FEBRUARY 1, 2023

Scottdale, Arizona was chillier than normal this week, but that didn’t prevent bankers from having heated discussions about 2023 at this year’s Acquired or Be Acquired conference, hosted by Bank Director. However, most bankers were optimistic that deals would pick up later in 2023 and that the chances of a raging 2024 are strong.

Arizona 141

Arizona Kansas City Industry Fintech 141

PYMNTS

DECEMBER 3, 2019

The new venture is an app called Mi Credit, and it’s a marketplace for personalized lending, offering users credit between Rs 5,000 ($70) and Rs 100,000 ($1,400). In developing the lending venture, the Chinese electronics company partnered with a few different FinTech startups, including ZestMoney, which is based in Bangalore. “It

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Lending Fintech Millennials Google 130

Abrigo

OCTOBER 22, 2024

Federal Trade Commission (FTC) reported consumers lost more than $10 billion to fraud alone in 2023. Jay Blandford is Chief Executive Officer of Abrigo, a leading provider of risk management, financial crime prevention, and lending software and services that help more than 2,500 U.S.

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Security Fraud Community National 221

FICO

FEBRUARY 27, 2023

Home Blog FICO Meet The 2023 FICO Decisions Awards Winners! In 2023, we have 15 winners across 10 award categories representing companies from every corner of the globe. There was plenty of creativity and moxy in the approaches, business models and technologies deployed by the class of 2023.

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Meeting social media Management Analytics 98

Abrigo

MAY 30, 2023

DOWNLOAD Takeaway 1 The effective date of the CFPB's new rule based on Section 1071 of the Dodd-Frank Act is June 28, 2023. Takeaway 2 Reporting tiers and their deadlines are based on the number of covered transactions to small businesses that a lender originated in 2022 and 2023. But compliance deadlines are tiered.

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Compliance Lending Data Regulation 195

Abrigo

OCTOBER 19, 2023

On the loan origination side, Abrigo’s Sageworks Lending product was lauded for its ease of use. “We have been using the Sageworks Lending software for over three years,” said one reviewer. “It We use a lot of the lending modules and love how everything integrates, creating efficiency and ease of use.”

Software 221

Software Lending Resources Community 221

Gonzobanker

AUGUST 24, 2023

Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however. Commercial real estate loans.

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Innovation United States Technology Industry 144

Gonzobanker

DECEMBER 7, 2023

It’s time for banks and credit unions to finally execute those C&I lending priority initiatives. Senior bank and credit union executives have ranked commercial and industrial (C&I) loans as a top lending priority over the past several years in Cornerstone Advisors’ annual What’s Going On in Banking research.

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Lending Analysis Strategy Management 130

CFPB Monitor

NOVEMBER 15, 2022

invalidating the payday lending rule) was incorrect. In stating that it plans to waive the 14-day waiting period, the CFPB presumably means that it plans to waive the opportunity to file a reply brief so that the petition and opposition brief can be distributed immediately once the opposition brief is filed.

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Exercises Lending Conference America 148

Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. office buildings with a vacancy rate over 95% declined to 60% in Q2 2023 from 63% in Q1 2020, or pre-pandemic.

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