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Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

“The only real deterioration we're starting to see is in subprime auto and credit card portfolios.” Even as news headlines announce that “the sky is falling,” many Abrigo clients are relaying they can count only six or seven charge-offs since 2015 or so, he added. Credit Risk Management. Credit Risk Regulation.

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How can credit underwriting help maintain credit quality?

Abrigo

As the OCC noted in its 2015 Survey of Credit Underwriting Practices , credit risk is increasing as underwriting standards have eased more than tightened for commercial and retail loan products for the third consecutive year amid increased competition for business.

CECL 60