Remove 2010 Remove Credit Risk Remove Transactions
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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

According to FDIC data, in 2016, commercial banks reported 23 million total small business loans, an increase of 4 million from 2010, with an aggregate loan balance unchanged of just over $627 billion. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Watch Webinar.

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Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

Takeaway 1 The CFPB's proposed rule applies to any lender with 25 or more covered transactions and many types of credits. . Takeaway 2 Banks, credit unions, and other creditors would be required to collect more than 20 data points for each application. public utilities credit. securities credit. incidental credit.

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Preparing for Section 1071

Abrigo

What banks need to know as the CFPB gets closer to its final rule Banks, credit unions, and other creditors may be required to collect more data for each application under a new rule. You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." Credit Risk Management. CRE Lending.