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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results."

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Data-driven strategies for banks and credit unions: Start here

Abrigo

in CECL calculations and loan performance), but stale information is not the best to use for strategic planning. Does the solution provide dashboards customized to specific groups within the financial institution (e.g., a lender performance dashboard that automatically updates as the financial institution uploads its data)?

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PPP Instructions for SBA Forms 3509, 3510 Released on Forgiveness Platform

Abrigo

Lenders also have five business days to respond to the notice received in the inbox by uploading the standard loan review documentation requested in the notification, according to the instructions. Portfolio Risk & CECL. Portfolio Risk & CECL. Asset/Liability. Fraud Prevention. Lending & Credit Risk. Learn More.

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Key Lender Steps Before Using the SBA’s PPP Forgiveness Platform

Abrigo

It's also a good idea to review thoroughly any documentation that lenders plan to submit along with their decisions. Checking documentation for PPP forgiveness decisions. Key Takeaways The SBA's PPP Forgiveness Platform opened to lenders on Aug. The SBA PPP Forgiveness Platform opened Aug.

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Key Lender Steps Before Using the SBA’s PPP Forgiveness Platform

Abrigo

It's also a good idea to review thoroughly any documentation that lenders plan to submit along with their decisions. Checking documentation for PPP forgiveness decisions. Key Takeaways The SBA's PPP Forgiveness Platform opened to lenders on Aug. The SBA PPP Forgiveness Platform opened Aug.

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What is a Loan Origination System (LOS)?

Abrigo

An LOS is defined as a system that automates and manages the end-to-end steps in the loan process – from the application, through underwriting, approval, documentation, pricing, funding, and administration. Drillable dashboards and ready-to-use reports enable staff and executives to drive smarter, data-based decisions.

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Managing Financial Risk in a Post-Pandemic Environment

Abrigo

Data is stored in spreadsheets, or slightly better, monthly dashboards borne from different departments. Bankers can avoid "Frankenstein" dashboards with reports from different systems, and documentation is consistent for audit and exam time. ERM Today. A Priority & Work in Progress. Why It Matters. Post-Pandemic Economy.