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Effective CECL model validation: A framework

Abrigo

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management.

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Important Considerations When Growing the CRE Portfolio

Abrigo

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution. This reflects a larger industry trend.

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How much should you segment FAS 5 (ASC 450-20) pools?

Abrigo

As stated in the Comptroller’s Handbook, “Effective management of the loan portfolio and the credit function is fundamental to a bank’s safety and soundness.” ” The ability to adequately meet ALLL, stress testing and other risk management requirements relies upon sound segmentation practices.

Handbook 150
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5 Common Lending Challenges and How Lending Software Can Help

Abrigo

But visibility into a process enables management to both see the status of loan request tasks and have an audit trail to keep track of what has been completed and by whom, leading to improved pipeline management and better forecasting. Robert Ashbaugh, Abrigo senior risk management consultant. Learn more.

Lending 195
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Helping SMBs Crack Digital ID Verification

PYMNTS

To take a phrase from the journalist’s handbook: Trust, but verify. However, they do not have the bandwidth, or maybe even the desire, to hire and maintain a compliance department in-house, nor do they relish the idea of keeping gigabytes of sensitive information on their servers. To be exact, verify digitally.

Handbook 171
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5 common lending challenges and how software can help

Abrigo

But visibility into a process enables management to both (1) see the status of loan request tasks and (2) have an audit trail to keep track of what has been completed and by whom, leading to improved pipeline management and better forecasting. Collecting current financial information for annual reviews.

Software 150
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Dear Financial Institution: Why do these 10 things scare you?

Social Assurance

Marketing doesn’t have time, compliance doesn’t have time, who has time to manage this? How in the world do we manage our employees? Like all other parts of your employee handbook it is important to spell out what they can talk about social media and what they can’t. Data doesn’t lie. Why is that?