Abrigo

DECEMBER 16, 2014

Lending standards continue to relax, according to data from the OCC’s 2014 Survey of Credit Underwriting Practices. This type of easing is similar to that experienced between 2004 and 2006, the time period leading up to the financial crisis, which many attribute to inadequate lending standards. Blog Bank Credit Union'

Credit Unions 89

Credit Unions Credit Risk 89

CreditStrong for Business

JULY 11, 2024

VantageScore vs FICO Most people use the terms credit score and FICO Score the same way, but there’s more than one type of credit score. Both are valid and used by multiple types of lenders to determine your likelihood of repaying debts and credit risk. You’re more likely to use your FICO credit score though.

Credit Scoring 59

Credit Scoring Credit Reporting Agencies Credit and Collections Credit Unions 59

Abrigo

MARCH 23, 2015

Consequently, interagency guidance on CRE concentration risk management , released in 2006, helps institutions pursue CRE lending with safety and soundness. Important to note, though, is that these loans would comprise part of the 300 percent CRE limit set by the 2006 interagency guidance. Blog Bank Credit Union'

Credit Unions 60

Credit Unions Credit Risk 60

Abrigo

JULY 9, 2015

Interestingly, 2014 net income actually matched the pre-recession high set in 2006 – but on $2 trillion more in assets. The OCC suggests when banks are managing their loan portfolios through this stage of the credit cycle that they regularly assess their credit risk appetite. percent versus a 3.5

Credit Risk 60

Credit Risk Credit Unions 60