Abrigo

AUGUST 13, 2024

As a result, you must wade through a bunch of podcasts on financial markets or general business news to find podcasts focused on the banking industry itself. or those primarily focused on the domestic banking market. If you have an interesting podcast to share, please send it to marketing@abrigo.com.

Fraud 221

Fraud Community Community Bank Lending 221

FICO

JANUARY 19, 2023

While UK support will continue through 2023, and possibly into 2024, we can expect to see it provided on a more targeted basis as governments face rising debt burdens as a proportion of GDP. Here are my three predictions for risk management and customer treatment in 2023. The challenge will be further exacerbated as an estimated 1.4

Lending 52

Lending Strategy Analytics Data 52

Gonzobanker

AUGUST 24, 2023

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. Bond losses.

Innovation 143

Innovation United States Industry Technology 143

Perficient

MARCH 3, 2022

The Office of the Comptroller of the Currency (OCC) recently released the economic and financial market scenarios that will be used in the upcoming stress tests for covered institutions. As repeated by federal bank regulators, the required economic scenarios are not forecasts. The 3-month Treasury rate increases from 0 percent to 1.5%

Capital 294

Capital Regulation Exercises United States 294

Abrigo

MAY 24, 2023

Download now Takeaway 1 Under current federal law, banks and credit unions face federal prosecution and penalties if they provide services to legal marijuana-related businesses. Takeaway 2 Considering the urgent need for a legislative solution, the SAFE Banking Act of 2023 could bridge the gap between state and federal marijuana laws.

Lending 195

Lending Fraud Operations Ohio 195

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. Critical capital Should CRE lending be off the table? But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits.

Risk Management 221

Risk Management Management Lending Capital 221

Abrigo

OCTOBER 14, 2022

Takeaway 3 Utilize regulatory guidance to understand regulators' expectations, which are likely to include consistent stress testing. In a recent Abrigo webinar, four experts weighed in to pinpoint the following areas for focus and improvement in 2023. So how can banks help customers keep up in uncertain markets?

Risk Management 195

Risk Management Management Policies Lending 195

South State Correspondent

APRIL 9, 2024

Changes in Market Expectations: Markets can move rapidly and market participants do not always clearly appreciate the impact of forward projections. For example, at the start of 2024 the market expected six interest rate cuts, while at the time of writing this article the market expects only 2.6

How To 195

How To Community Community Bank Marketing 195

Abrigo

OCTOBER 28, 2022

Takeaway 1 Signs point to increased loan modifications and loan workouts, and regulators have urged financial institutions to work prudently with borrowers. . Meanwhile, regulators are focusing fresh attention on prudent credit risk management of loans, especially CRE, and loan modifications in general. CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 195

CFPB Monitor

MARCH 16, 2023

On February 27, 2023, the Consumer Financial Protection Bureau (CFPB) entered into a consent order against RMK Financial Corporation d/b/a Majestic Home Loan (RMK), a California-based mortgage lender, based on allegations that it falsely implied government endorsement of its home loans in its marketing. Continue Reading

California 78

California Lending Marketing FDIC 78

South State Correspondent

APRIL 23, 2023

Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.

Management 195

Management Security Risk Management social media 195

Jeff For Banks

APRIL 4, 2024

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

Banking Trends 111

Banking Trends Trends Millennials Oregon 111

CFPB Monitor

JULY 6, 2022

The agenda’s preamble indicates that the information in the agenda is current as of April 1, 2022 and identifies the regulatory matters that the Bureau “reasonably anticipates having under consideration during the period from June 1, 2022 to May 31, 2023. The agenda indicates that the Bureau estimates issuance of a final rule in March 2023.

Lending 78

Lending Regulation FDIC Data 78

Abrigo

DECEMBER 16, 2019

Key Takeaways An SEC filer with a 2020 CECL deadline recommends starting ASAP on implementation -- even if your deadline is 2023. Regulators, investors, and other stakeholders will be watching and listening for updates on the impacts of the accounting change. Assess data before selecting your methodology or methodologies. Get started.

West Virginia 195

West Virginia Virginia Data Community 195

Abrigo

NOVEMBER 13, 2023

Read the 2023 Loan Review Survey results for expert analyses of emerging trends WATCH WEBINAR Takeaway 1 Annual loan review is separate from covenant testing and underwriting, but many banks conflate these processes. Guidance lines can also be a good marketing tool because you can give customers approval faster within certain parameters.

Analysis 195

Analysis Lending System Survey 195

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. Watch NOW Takeaway 1 Abrigo's experts produced many pieces on lending and credit risk to provide strategies and tools to help banking professionals.

Resources 221

Resources Lending Risk Management Policies 221

BankUnderground

AUGUST 23, 2023

Many BNPL products are exempt from regulation because they do not charge interest on repayments. Typically these products are provided by newer fintech firms, for whom BNPL makes up most or all of their lending. Some other BNPL products are regulated and charge interest on repayments. Who uses BNPL? or leave a comment below.

Survey 98

Survey Groups Regulation Data 98

Independent Banker

AUGUST 31, 2021

A profitability strategy has a lot to factor in given today’s uncertain market. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. a rural market with about 1,300 residents. “We

Community Bank 170

Community Bank Community Lending Leadership 170

BankUnderground

MAY 22, 2024

Some countries restrict lending to borrowers with high debt-servicing burdens There are different metrics that measure a household’s debt-servicing burden. Some countries have regulations in place that restrict lenders’ ability to issue mortgages to borrowers that exceed certain DSR limits.

Survey 60

Survey Lending Policies Analysis 60

CFPB Monitor

NOVEMBER 18, 2021

Earlier this week, the CFPB issued a Request for Information (RFI) regarding an assessment of the significant amendments to the Home Mortgage Disclosure Act rules, known as Regulation C, adopted in October 2015 and subsequently revised in several additional rulemakings (the “HMDA Rule”).

Compliance 78

Compliance Data Lending Operations 78

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. The old borrow short, lend long strategy. Third, the regulators need adequate financial resources. trillion failed. What caused it?

FDIC 78

FDIC Community Bank Regulation Lending 78

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. Takeaway 2 Credit unions may still have questions about regulatory expectations for CECL after adopting the new standard.

Risk Management 195

Risk Management Policies Capital Maine 195

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. This is the first in a series of five blog posts about the final rule and related topics that we will publish in the next few weeks. Commenters found these standards unclear and inadequate.

Community 60

Community FDIC Lending Examples 60

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.

Resources 221

Resources Risk Management eBook Strategy 221

FICO

JULY 30, 2017

Price elasticity is the study of responsiveness, and how the demand of a product, in this case balance inflows and outflows, changes with respect to the applied interest rates and/or the market price derived from competitor bank interest rates).

Analytics 52

Analytics Strategy Data Lending 52

South State Correspondent

JULY 25, 2022

We have poured through the recent 2Q earnings releases, spoken with a rash of institutional bank investors, traded thoughts with analysts, and compiled the following list of concerns that bank stakeholders (employees, shareholders, vendors, and regulators) now have. Top Line Revenue & Lending. It is time to play a little defense.

Trends 195

Trends Lending Marketing Capital 195

Independent Banker

MAY 24, 2016

million farms and the community banks that lend to them each growing season, Scanlan points out. Falling crop prices—exaggerated by weak currencies in many foreign markets—are expected to pressure U.S. The Federal Reserve Bank noted that increases in short-term lending “have occurred amid a significant decline in income.”

Community Bank 70

Community Bank Kansas City Community Iowa 70

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk 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. Abrigo's most popular risk management blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators.

Risk Management 221

Risk Management Regulation Management Lending 221

BankUnderground

SEPTEMBER 14, 2023

Yuliya Baranova, Eleanor Holbrook, David MacDonald, William Rawstorne, Nicholas Vause and Georgia Waddington The functioning of major government bond and related repo markets has deteriorated on several occasions in recent years as trading demand has overwhelmed dealers’ intermediation capacity.

Marketing 114

Marketing Policies Capital Georgia 114

Gonzobanker

JANUARY 4, 2023

But the business goals and the measurements of success lie with the retail banking, business banking, and lending groups. Risk plan – Operational risk management is a company-wide discipline that has become the focus of regulators, boards, and the “C” level. digital banking). We’ll opt for the former. Christian Lange.

Technology 78

Technology System Software Groups 78

FICO

JANUARY 3, 2023

As 2023 begins, it is clear many lenders are at a metaphorical fork in the road when it comes to devising smart, agile collections strategies that will safeguard their customers and cement long-term loyalty, simply by helping them ride out the impact of the ongoing squeeze on household incomes. FICO Admin. Tue, 07/02/2019 - 02:45.

Strategy 52

Strategy Policies Analytics Management 52

Gonzobanker

DECEMBER 14, 2023

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. 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.

Fintech 192

Fintech Community Regional Technology 192

Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. It’s important to note that these scenarios do not represent a forecast by the banking regulators. Related Subhead. doing very well in 2022.

Capital 195

Capital Regulation Risk Management Community 195

South State Correspondent

OCTOBER 28, 2022

Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. cyber, infrastructure, and regulation. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor. This regulation looks more onerous for everyone but seems to be in most banks’ domain and skill sets.

Conference 195

Conference Technology Las Vegas Trends 195

FICO

APRIL 24, 2023

Trust acquired 100,000 customers in just ten days after it launched in September 2022 and exceeded 450,000, equivalent to 9 percent of the Singapore market, within just five months. Applicable regulations on lending are also implemented via this solution. “We FICO Platform helps us to deliver that edge.”

Risk Management 52

Risk Management Digital Banking Customer Experience Management 52

Abrigo

JUNE 15, 2023

real estate market alone. real estate market alone. has lagged in passing laws and regulations preventing criminal proceeds from flowing into real estate. The comment period for the proposed rule, Anti-Money Laundering Regulations for Real Estate Transactions , ended in February 2022, but a final rule has yet to be issued.

Training 195

Training Regulation Compliance System 195

FICO

FEBRUARY 12, 2023

The business model here needs to focus on a strategy that balances lending growth while keeping risk in check. Ensure agility for your business so you can adapt to the speed of the market – or faster. Overall exposure can also be managed by balancing income and exposure, with risk level typically used as a constraint.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52