Abrigo

JUNE 3, 2016

The Financial Accounting Standards Board’s (FASB) long-awaited final guidance on its new standard for measuring expected credit losses is expected to be released in June, a step that will be a major milestone in the multi-year development of the current expected credit loss (CECL) model. It is available by replay here.

Credit Unions 68

Credit Unions CECL Credit and Collections Accounting Firms 68

FICO Blog

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 1 (2022). This four-part series looks at embedding portfolio risk resilience into decisions across the credit lifecycle through targeted application of the FICO ® Resilience Index. risk that only manifests during periods of economic stress) more precisely.

CECL 52

CECL Credit and Collections Credit Risk Default 52

Abrigo

APRIL 19, 2022

Takeaway 2 Ensure you have collected all of the pertinent data. The most common error starts when the business borrower is given full credit for EBITDA without subtracting distributions to shareholders. It is compounded when shareholder/guarantors are given full credit for 1040 Schedule E part II “earnings” rather than distributions.

Credit Risk 78

Credit Risk Credit and Collections CECL Transactions 78

Abrigo

SEPTEMBER 24, 2015

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks. Involving people from the financial institution’s credit department will be key, he added.

CECL 84

CECL Credit Unions Credit and Collections Credit Risk 84

Abrigo

JUNE 15, 2023

Credit: Brian Koppel, Reel to Real Filming Locations blog According to a Global Financial Integrity (GFI) study , an estimated $2.3 Credit: Brian Koppel, Reel to Real Filming Locations blog According to a Global Financial Integrity (GFI) study , an estimated $2.3 real estate market alone. real estate market alone.

Credit Unions 78

Credit Unions Credit and Collections Transactions CECL 78

Abrigo

JULY 30, 2019

Why is writing effective credit memos so vexing? Given that a credit memorandum is one of the most critical documents in the life of the loan, it would seem like a straightforward process. However, lenders, credit analysts, and other banking staff frequently seek tips for writing better credit memos.

Credit Risk 60

Credit Risk Credit and Collections CECL Credit Unions 60

Abrigo

JANUARY 27, 2022

Takeaway 2 If the market trends downward for long, banks and credit unions could actually see another increase in deposits. The Federal Reserve’s signal this week that it will start raising interest rates in March 2022 generated a collective high-five throughout the banking industry. Lending & Credit Risk. Learn More.

Credit Unions 78

Credit Unions Credit and Collections CECL Credit Risk 78

Abrigo

DECEMBER 7, 2021

According to the FFIEC, there are no required risk categories, and the number and detail of these categories vary based on the bank or credit union's size or complexity. After adjusting the inherent risk for the institution’s risk management controls, residual risk represents the bank or credit union’s current risk.

Cybersecurity 78

Cybersecurity Credit Unions Transactions Credit and Collections 78

Abrigo

MAY 10, 2022

As noted throughout this “ Introduction to ALM ” blog series, a key aspect of asset/liability management (ALM) is managing assets and liabilities appropriately to generate and sustain margin. However, many institutions have available a natural hedge to changing interest rates : the non-maturity deposits (NMDs) they collect.

Credit and Collections 78

Credit and Collections CECL Credit Risk 78