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Independent Loan Review & Credit Risk Review System Objectives

Abrigo

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. 2020 Interagency Guidance.

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A Strong Loan Review System Is Good for Your Business

Abrigo

Key Takeaways Effective credit risk review promotes lending agility. Many of the objectives of a credit risk review system support business goals. But beyond making it easier to pass examiners’ scrutiny, is a strong loan review system good for your bank or credit union’s business? Identify problem loans early.

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5 Benefits of expanding in-house member business lending

Abrigo

Mike Ford, managing director of financial institutions at Sageworks, discusses in a Sageworks whitepaper , “As more lenders are introduced to the MBL process, a standard system for in-house business lending can save training dollars, minimize the learning curve and, most importantly, reduce risk.”