Remove CECL Remove Default Remove Presentation
article thumbnail

CECL Data for Credit Unions: Navigating Uncertainties

Abrigo

How credit unions can manage CECL data challenges As credit unions prepare for the Current Expected Credit Loss standard, they'll uncover several data issues they'll need to address. You might also like this webinar: CECL in 2023 - Steps to Take This Year. DOWNLOAD/WATCH. Related Subhead. Different model, different data needs.

article thumbnail

Relating Fair Value and CECL: Misconceptions, Challenges, and Solutions

Abrigo

Key Takeaways The coronavirus pandemic has upended financial institutions' long-term business strategies, but now FIs have an opportunity to consider how consolidation can create greater efficiencies and better results – especially in the area of CECL and valuation calculations. Misconceptions of relating valuation calculations and CECL.

CECL 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Relating Fair Value and CECL: Misconceptions, Challenges, and Solutions

Abrigo

Key Takeaways The coronavirus pandemic has upended financial institutions' long-term business strategies, but now FIs have an opportunity to consider how consolidation can create greater efficiencies and better results – especially in the area of CECL and valuation calculations. Misconceptions of relating valuation calculations and CECL.

CECL 78
article thumbnail

Relating Fair Value and CECL: Misconceptions, Challenges, and Solutions

Abrigo

Key Takeaways The coronavirus pandemic has upended financial institutions' long-term business strategies, but now FIs have an opportunity to consider how consolidation can create greater efficiencies and better results – especially in the area of CECL and valuation calculations. Misconceptions of relating valuation calculations and CECL.

CECL 78
article thumbnail

CECL Lessons Learned

Abrigo

At Abrigo, many of us eat, sleep and breathe CECL. Abrigo immediately put its years of preparation into action, both from software development as well as advisory services, to help community financial institution clients navigate the adoption of the CECL standard.

CECL 60
article thumbnail

CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

While no potential CRE “disaster” is comparable to the COVID pandemic in terms of the human impact, it is still a clear and present danger to our banking system and the economy. Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes.

article thumbnail

CECL Q&A - PD/LGD & Discounted Cash Flow

Abrigo

The FASBs Current Expected Credit Loss (CECL) model presents unique challenges for banking professionals. To help institutions prepare, Sageworks launched a CECL webinar series covering data, segmentation, methodology and forecasting requirements broken down by loan type. Can we use our current PD model?

CECL 60