Remove 2020 Remove Credit Risk Remove Default
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Turning Pressure Into Performance

Your Virtual Credit Manager

During a May 28, 2020 podcast on Garmin.com entitled “The Shark on the Green”, Norman shared insights into how he maintained focus and clarity during high-stakes golf tournaments. Do you need help assessing your customers’ credit risks? In addition to his sports achievements, he is a successful businessman.

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Best Practices for Managing Credit Risk in Recession

Abrigo

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. Economic downturns alter the credit memo's content and process to capture credit risk. Mitigate credit risk and drive growth – even in a recession.

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Trepp’s Review and Outlook on Commercial Real Estate Market

Abrigo

Next, Joe examined Trepp's research report which took first quarter 2020 loan-level bank data and ran it through the TreppDM model using Trepp’s main COVID scenario. McBride explained that the data ran through this model allowed for a forecast of the loan level probability of default, loss given default and expected losses on these loans.

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The Majority of CFOs Expect a 2020 Recession – Is Your Financial Institution Ready?

Abrigo

expect a recession by the end of 2019 – and 82% believe a recession will have begun by the end of 2020, according to the Duke University/CFO Global Business Outlook survey. There are four key financial variables industry experts utilize to represent a company’s credit risk profile and to predict their likelihood of default.

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Red Flags Revealed by Your Customers' Financial Statements

Your Virtual Credit Manager

Insights From Analyzing 10 Established Retailers Last December, international credit bureau, CreditSafe , published their analysis of 10 US-based retailers that were established over 75 years ago, had annual revenue of at least $500 million, and, if there was a past bankruptcy, it had been filed from 2020 to 2023.

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Addressing Portfolio Risk in Economic Uncertainty: Part 1 (2022)

FICO Blog

This four-part series looks at embedding portfolio risk resilience into decisions across the credit lifecycle through targeted application of the FICO ® Resilience Index. Tue, 02/18/2020 - 14:57. risk that only manifests during periods of economic stress) more precisely. FICO Admin. by David Binder.

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Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022)

FICO Blog

Leveraging FICO Resilience Index to refine credit risk management decisions during benign economic phases defends against dramatic swings in delinquency rates and provides for a more consistent portfolio risk management approach over time. Of course, credit risk management is only one aspect of portfolio health.

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