Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Loan agreements also include provisions describing financial default and technical default.

Credit Risk 88

Credit Risk Credit Unions Default CECL 88

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk 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 webinar, "Unraveling risk rating: Making sense of your best early warning tool."

CECL 88

CECL Credit Unions Default Credit Risk 88

Your Virtual Credit Manager

OCTOBER 29, 2024

Don’t get sucked into a prolonged discussion on business conditions or the problems the customer is facing, unless they appear to be indicators of default or business failure. Webinar Registration Do you need help assessing your customers’ credit risks?

Past Due Invoices 100

Past Due Invoices Credit and Collections Collector Default 100

Abrigo

MARCH 13, 2024

Bring together the deal team, credit approvers, and workout experts to discuss and determine the grade and next steps. 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. Failure to sustain adequate insurance coverage.

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Abrigo

OCTOBER 21, 2024

Warning signs Reacting to the signals of problem loans A problem loan or credit is often identified as a problem asset due to a lack of repayment, a default, or the early identification of a cash concern with the borrower. Review: Are there any defaults under the loan documents? 2) Determine if the collateral is perfected (e.g.,

Credit Unions 78

Credit Unions Default Credit and Collections Credit Risk 78

Abrigo

MAY 18, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." How broad a field does loan review need to plow to unearth potential credit risks and assess overall credit quality? Scope in loan reviewing What is the scope of an adequate loan review?

Credit Risk 78

Credit Risk Credit and Collections Default Credit Scoring 78

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Introduction A few good men and women In previous articles, we have explored the objectives of a loan review and credit risk review system in general.

Credit Risk 78

Credit Risk Credit Unions Revenue Recognition Default 78

Abrigo

APRIL 24, 2023

You might also like this webinar, "How to manage a high-performing construction loan portfolio." This is good news, considering that supply-chain issues have been known to increase the risk of defaults on some construction loans. Manage risk & avoid defaults.

Credit Risk 78

Credit Risk Default 78

Abrigo

AUGUST 28, 2022

Learn more about loan pricing -- including how to assess the relative profitability of loans and how to use the output of loan pricing models -- during the webinar, " Loan Pricing: A Key Driver of Success." Watch the on-demand webinar here. Lending & Credit Risk. Lending & Credit Risk. Ag Lending.

Credit Unions 78

Credit Unions Credit Risk Default 78

Abrigo

APRIL 25, 2024

Takeaway 3 With lower interest rates nowhere in sight, lenders need to monitor and adjust lending and underwriting strategies based on their own institution’s credit risk profile. 1 appeared first on Abrigo. 1 appeared first on Abrigo.

Small Businesses 88

Small Businesses Credit Unions Credit Risk CECL 88

Abrigo

FEBRUARY 7, 2023

How construction administration units mitigate construction lending risk Construction lending involves unique risks and requires specialized processes. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Manage risk & avoid defaults.

Credit Risk 78

Credit Risk Credit Unions Default Transactions 78

Abrigo

MARCH 3, 2021

The basics of commercial credit analysis Learn the foundations of credit analysis, including key data analysis strategies and best practices. . For more information on the basics of credit analysis, check out this webinar: WATCH NOW. Takeaway 2 To determine creditworthiness, most analysts rely on the 5 Cs of Credit.

Credit Risk 78

Credit Risk Credit Unions Credit Scoring Default 78

Abrigo

JANUARY 3, 2023

You might also like this webinar, "How to manage a high-performing construction loan portfolio." During a recent construction lending webinar , lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success. Manage risk & avoid defaults.

Credit Risk 78

Credit Risk CECL Law Firms Credit Unions 78

Your Virtual Credit Manager

JULY 2, 2024

The author of this article, David Schmidt, will be leading this webinar, which reviews the fundamental skills required to successfully collect past due B2B invoices. These account provide a serious credit risk, and should not be approved for open credit terms. New to collections?

Collector 130

Collector Debt Collections Past Due Invoices Credit and Collections 130

Your Virtual Credit Manager

JUNE 20, 2023

Special Offer: On June 26, 2023, at 1PM EDT, David Schmidt will be leading a live webinar covering “ Strategic Collections: Process Efficiency and Tactics to Drive Superior AR Performance.” By altering its Credit Risk Management Policy in this way, businesses can boost revenue and protect profitability.

Credit Risk 20

Credit Risk Bad Debt Credit and Collections AR Aging 20

Abrigo

MAY 11, 2021

You might also like this webinar on assessing global cash flow. Takeaway 2 Institutions usually leverage global cash flow analysis if a borrower has complex credits. In an informal poll during the webinar, attendees were asked about their effectiveness creating and utilizing global cash flow analysis in the lending process.

Credit Risk 78

Credit Risk Credit and Collections Credit Card Payments Deductions 78

Abrigo

MAY 2, 2024

Embedded into the Abrigo loan origination platform , Abrigo Small Business Lending Intelligence provides real-time scorecards that include a loan risk rating score, probability of default, and details of how the score was calculated.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Abrigo

APRIL 7, 2022

Experts answer CECL questions from 2023 adopters Participants in Abrigo's CECL Kickstart webinars asked consultants their questions leading up to the 2023 CECL implementation date. Takeaway 1 Financial institutions brought practical questions to Abrigo consultants during the CECL Kickstart webinar. . Models for Success.

CECL 78

CECL Credit Unions Credit Risk Default 78

Abrigo

NOVEMBER 15, 2019

Key Takeaways Effective credit risk review promotes lending agility. Many of the objectives of a credit risk review system support business goals. But beyond making it easier to pass examiners’ scrutiny, is a strong loan review system good for your bank or credit union’s business? Identify problem loans early.

Credit Unions 60

Credit Unions Credit Risk CECL international credit 60

Abrigo

FEBRUARY 23, 2022

The good news is that by investing in a streamlined origination process, community banks and credit unions can target SMB loans profitably without adding unknown credit risk to the portfolio. “By Win more small business deals: Watch this webinar on SMB Lending Best Practices. Lending & Credit Risk.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

APRIL 21, 2020

Steve Domine, President of Minnesota Community Banking and Senior Vice President of Lending at Stearns Bank, explained during a recent Independent Community Bankers of America (ICBA) webinar that his bank sought both inside and outside counsel to understand the SBA rulings. Lending & Credit Risk. Lending & Credit Risk.

Credit Risk 78

Credit Risk Small Businesses Default 78

Abrigo

JANUARY 11, 2022

You might also like this webinar, "ALM Basics: Best Practices in Measuring, Monitoring, and Controlling Interest Rate Risk" WATCH. Takeaway 1 ALM in banking means managing the cash flows of assets and liabilities to increase profitability, manage risk, and maintain safety and soundness. . The logical example here is credit risk.

Credit Unions 78

Credit Unions Credit and Collections Credit Risk Default 78

Abrigo

SEPTEMBER 11, 2023

Strategies for adopting AI at your financial institution Abrigo CTO Ravi Nemalikanti offers insights on how banks and credit unions can begin to utilize generative AI. You might also like this webinar, "Banking as a service: Objectives, opportunities, and obstacles."

Credit Unions 78

Credit Unions CECL Default Transactions 78

Abrigo

JULY 15, 2019

There are four key financial variables industry experts utilize to represent a company’s credit risk profile and to predict their likelihood of default. These variables provide a unique indicator of a private company’s financial standing and have significant implications when evaluating credit risk.

Credit Risk 60

Credit Risk Default Credit Scoring 60

Abrigo

AUGUST 27, 2019

However, that’s not always the case, as there are three inherent risks all financial intermediaries face: credit risk, interest rate risk, and liquidity risk. How to Mitigate Credit Risk There are several practices that lenders can leverage in order to mitigate credit risk. Learn More.

Credit Risk 60

Credit Risk Credit Scoring Default 60

Abrigo

SEPTEMBER 22, 2017

On the other, the dual rating system allows for more distinction in risk grades, which could be beneficial to the institution.The answer to the question as to which is better for a lending institution is the same as many questions in credit risk: it depends.

Credit Risk 68

Credit Risk Default 68

Your Virtual Credit Manager

JUNE 13, 2023

Photo by Jamie Street on Unsplash There are two types of credit risk that arise from selling on open credit terms: Customers paying beyond terms (past due) reduce your cash flow. Far more damaging is a customer that defaults (never pays). If you haven’t, you almost certainly will…on all three accounts.

Credit and Collections 26

Credit and Collections Bad Debt Default Credit Risk 26

Abrigo

MARCH 2, 2015

“When the borrower experiences difficulties, they are more likely to default and the loss will likely be greater for the lender and investors.” ” The OCC often promotes the need for a healthy risk culture. Blog Bank Credit Union' Implementing one would certainly help mitigate the concerns referenced above.

Credit Unions 79

Credit Unions Credit Scoring Credit Risk Default 79

Abrigo

JUNE 22, 2017

Successful strategic plans require goals that are determined through risk identification and assessment, as well as an understanding of the different degrees of risk involved. Not only is it important to be aware of risks taken, but it is also important to understand risk capacity – typically defined as capital base.

Credit Unions 60

Credit Unions Credit Risk Default 60

Abrigo

OCTOBER 23, 2015

Behringer, McGladrey’s national leader for credit risk services. Portfolio stress tests can provide a number of benefits beyond compliance with regulatory expectations, Behringer said recently at the 2015 Risk Management Summit hosted by Sageworks. Stress testing can help identify the risks related to a changing environment.

Credit Unions 60

Credit Unions CECL Credit Risk Default 60

Abrigo

MAY 8, 2024

How banks and credit unions use genAI today Short supporting copy. You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated.

Credit Unions 88

Credit Unions Cybersecurity CECL Credit and Collections 88