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But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent riskmanagement practices. Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. By Ed Avis.
The old borrow short, lend long strategy. Economists cite as the main culprit the collapse of the subprime mortgage market — defaults on high-risk housing loans — which led to a credit crunch in the global banking system and a precipitous drop in bank lending. To fight inflation, the Fed raised rates aggressively (familiar?).
An industry leader in lending and benchmarking solutions for financial institutions. Transforming consumer riskmanagement with patented analytics, proprietary data and real-time insight into consumer behavior. Chatham Township, NJ 07928. They’re s howing a lending example using their API. afs_vision.
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