Abrigo

MARCH 13, 2024

Consequently, all stakeholders of CRE assets are understandably nervous, including bankers and their investors who, due to the highly leveraged nature of CRE transactions, provided the bulk of capital financing the industry. A wave of pending maturity events ($2 trillion of CRE loans are reported to mature in the next years).

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Abrigo

NOVEMBER 12, 2023

Covenants, Kirby said, are designed to “compensate for the increased risk in the transaction -- either the inherent risk in the transaction or the time that's outstanding.” Details in a loan agreement generally include terms and conditions of the loan, representations and warranties, and default provisions and remedies.

Credit Risk 88

Credit Risk Credit Unions Default CECL 88

Abrigo

SEPTEMBER 11, 2023

This marked the advent of the platform economies with excellent digital experiences through fintech providers. After digital access and transactions came major boosts to automation for financial services. But the real lifestyle upgrade came when you had fintechs like Xoom and PayPal that made payments happen in near real-time.

Credit Unions 78

Credit Unions CECL Default Transactions 78

Abrigo

MAY 2, 2024

This includes defining the threshold for material loans or transactions and structuring the lending process accordingly. Loan Portfolio Building: By understanding the loan policy, lenders can align their efforts with the institution's goals for building a high-quality loan portfolio.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Abrigo

FEBRUARY 23, 2022

“Used to the simplicity and speed of services such as Uber, Spotify, and Amazon, principals, and decision-makers of banks’ commercial borrowers have long sought similar levels of convenience when conducting borrowing transactions,” noted the author. Portfolio Risk & CECL. Looking to Accelerate Digitalization? keep me informed.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

MAY 8, 2024

Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated. The goal is consistency and transparency in resolving transaction disputes and improving retention by resolving employee frustrations. That gets reduced to seconds."

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78