Abrigo

APRIL 19, 2022

Credit and Lending Software Overcome Common Lending Problems Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Takeaway 2 The importance of documentation tracking and storage. Lending and Credit Software.

Lending 195

Lending Software Management System 195

Abrigo

FEBRUARY 27, 2020

Key Takeaways Financial institutions who want to maintain a healthy share of business lending this year and through potentially tougher economic times ahead want to be in the best position possible before trouble hits. Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. learn more.

Lending 243

Lending Survey Data System 243

Abrigo

OCTOBER 21, 2019

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. On top of initial vendor due diligence, there are ongoing, systematic approaches to managing third-party relationships. . Credit Risk. Lending & Credit Risk.

Risk Management 150

Risk Management Management Lending Fraud 150

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.”

Lending 195

Lending Risk Management Management Capital 195

Abrigo

OCTOBER 23, 2019

In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. We are seeing banks moving to the cloud for a number of services ranging from core processing to lending. The banking industry is no stranger to this.

Risk Management 150

Risk Management Management Security Lending 150

Abrigo

FEBRUARY 7, 2023

How construction administration units mitigate construction lending risk Construction lending involves unique risks and requires specialized processes. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Takeaway 2 Construction lending risk is unique.

Lending 195

Lending Management Risk Management Software 195

Abrigo

OCTOBER 23, 2014

” Banks understand the need to regularly specify and quantify portfolio risk, and remain cognizant of the impact new loan commitments have on the balance sheet. This can be accomplished via a third-party, or an appropriate organizational structure that features personnel independent of the lending function.

Risk Management 186

Risk Management Management Lending Resources 186

Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. By focusing on thorough documentation, banks can better defend their loan classifications to examiners. How did we get here?

Risk Management 150

Risk Management Management Capital Lending 150

Abrigo

AUGUST 28, 2022

Develop better ag lending workflows before demand picks up. A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. Takeaway 1 Now is the time to plant the seeds for harvesting growth in the ag loan portfolio by creating a better ag lending process.

Lending 195

Lending System Analysis Data 195

South State Correspondent

JUNE 25, 2024

In this article, we provide a concrete example of how product management in lending might work. Product Management in Lending – The Strategy of a Loan-Level Hedging Program The goal of product management in lending strategy is to create value versus your competition in credit.

Lending 195

Lending Management Community Bank Community 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

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. A loan origination system automates, manages. Here's what a loan origination system is.

System 338

System Lending Software Analysis 338

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. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.

Lending 195

Lending Kansas City Kansas Resources 195

Abrigo

JUNE 18, 2020

In addition, borrowers will be required to submit much of the same supporting documentation for payroll-related expense payments and for non-payroll obligations and expenses connected to the forgiveness application as they would with the longer form. CRE Lending. Lending & Credit Risk. SBA Lending. CRE Lending.

Lending 293

Lending Strategy Risk Management Compliance 293

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

JUNE 7, 2017

It’s been five months since the new member business lending (MBL) rule from the NCUA went into effect in January, providing greater flexibility to credit unions offering member business loans. Credit unions should determine the focus of their business lending program and identify what is needed to achieve those goals.

Lending 150

Lending Management Analysis Policies 150

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

Abrigo

MAY 10, 2021

Knowing these elements of an LOS and an LOS vendor is critical for senior financial institution executives either shopping for an LOS for the first time or considering an improvement to their bank or credit union’s current business lending process. LOS process management features. Lending process management is key to timely decisions.

System 195

System Lending Analysis Software 195

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Would you like others articles like this in your inbox? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

NOVEMBER 17, 2023

How to close more loans by speeding up lending and credit analysis Seeking a quicker loan origination workflow is worth it. You might also like this on-demand webinar on the red flags of emerging CRE risk. Loan origination also involves multiple staff, making lending workflow and communication more challenging.

Lending 221

Lending Software System Taxes 221

Abrigo

MAY 14, 2021

How can financial risk models within the bank or credit union benefit from using the same sheet music? Check out this webinar on Enterprise Risk Management. Takeaway 1 Enterprise Risk Management is a priority for financial institution leaders but still maturing. The Importance of Effective Risk Management.

Management 195

Management Risk Management Lending System 195

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis. Blog Bank Credit Union'

Guidelines 223

Guidelines Payments Lending Capital 223

Abrigo

FEBRUARY 16, 2024

Credit administration staff are responsible for managing the entire credit process, including the approval of credit to borrowers, assessment of the creditworthiness of potential customers, and credit review of existing borrowers. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

NOVEMBER 9, 2020

Prudential regulators have made it clear that while they will adjust supervisory strategies as appropriate to emerging risks of the pandemic, examiner scrutiny will continue assessing basic principles that ensure the safety and soundness of financial institutions. Loan administration is a basic and yet far-reaching process of lending.

System 195

System Lending Software Risk Management 195

Abrigo

SEPTEMBER 28, 2022

Construction loan administration is now a vital part of the construction lending process. Whether an institution's construction lending portfolio is big or small, managing the risk of your portfolio is critical to success. Software can automate the process of managing construction loans.

Lending 195

Lending Software Customer Experience Management 195

Independent Banker

JUNE 30, 2022

As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. From there, the loan assistant would key it in and produce loan documents. While it has had some benefits, like stronger risk management for our banks, it has made the customer process much more daunting.

Lending 141

Lending Idaho Nevada Oregon 141

Abrigo

OCTOBER 18, 2022

Construction loans are a major source of income for many financial institutions, but the complexity of these long-term projects requires many stakeholders, documents, signatures, and approvals. The software allows builders to upload documents and photos from the field, manage their finances, and track project progress all in one place.

Software 195

Software Lending System Management 195

Abrigo

JULY 6, 2017

It’s been more than six months since the National Credit Union Administration (NCUA) issued its revised member business lending (MBL) rule in January 2017. The NCUA recently updated the Examiner’s Guide to include what it described as a clear framework for supervisory expectations for managing a commercial lending program.

Risk Management 170

Risk Management Lending Policies Management 170

Abrigo

NOVEMBER 8, 2019

Stress Testing | 7 minute read Key Takeaways Stress testing is an important component of sound risk management. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management.

Lending 150

Lending Risk Management Analysis Capital 150

Abrigo

SEPTEMBER 29, 2022

What is construction loan management software? Increased efficiency and better process management. Construction loan administration is now a vital part of the construction lending process. Whether an institution's construction lending portfolio is big or small, managing the risk of your portfolio is critical to success.

Software 195

Software Management Lending Tools 195

Abrigo

OCTOBER 15, 2020

Borrowers must submit documentation for payroll and nonpayroll expenses along with the Form 3508S – basically the same as for the Form 3508-EZ. The SBA guidance acknowledged that in some cases, borrowers may submit to lenders documentation of eligible payroll and nonpayroll costs that exceed the amount of the PPP loan. SBA Lending.

Payments 221

Payments Lending Community Examples 221

Abrigo

OCTOBER 18, 2022

The basic functionality of construction loan management software For most financial institutions, a construction draw request consists of several sets of documents including budgets, receipts, and lien releases submitted by the contractor or developer to the lending institution. Stay up to date on credit risk. Whitepaper.

Software 195

Software How To Lending Management 195

Abrigo

MARCH 31, 2017

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. Eberley, director of the FDIC's Division of Risk Management Supervision wrote in the publication.

FDIC 186

FDIC Risk Management Analysis Lending 186

South State Correspondent

FEBRUARY 27, 2022

Current Risk in Term Lending. While community banks may want the ability to offer longer-term fixed-rate loans, the interest rate risk is too significant for most banks’ balance sheets. Simple four-page addendum, no ISDA documents, no hedge accounting, one fixed-rate billing statement. ARC Program Summary. .

Lending 195

Lending Community Bank Community Meeting 195

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

Analysis 195

Analysis Industry Risk Management Lending 195

Abrigo

AUGUST 11, 2020

It's also a good idea to review thoroughly any documentation that lenders plan to submit along with their decisions. Checking documentation for PPP forgiveness decisions. Key Takeaways The SBA's PPP Forgiveness Platform opened to lenders on Aug. The SBA PPP Forgiveness Platform opened Aug.

Lending 195

Lending Risk Management Training Analysis 195

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 259

Lending Community San Antonio Survey 259