In this episode, we focus on the regulators. What will they
expect in order to demonstrate we are making 'prudent' judgments
and identifying which borrowers or prospective borrowers are
experiencing a 'short-term' setback rather than a complete
melt-down? And what else are they paying attention to...and helping
us with? How can we document our thinking and show the examiners
our prudent steps to mitigate risk during this downturn?
Rob Newberry has over 20 years of experience in the financial
services industry including 15 years at Wells Fargo in strategic
and leadership roles. He is a Senior Advisor at Abrigo, formerly
known as Sageworks, FARIN, MainStreet Technologies, and Bankers
Toolbox. Rob is instrumental in developing and assisting community
financial institutions with Abrigo's various Credit Risk
In this whitepaper, Coronavirus Survival Guide:
Loans Under Pressure, we will discuss five simple,
proactive strategies that lenders can implement – even during a
forbearance period — to ensure as many customers survive and return
to financial health as possible.
Portfolio Management in Crisis: Coronavirus
Implications for Lenders. In this whitepaper, we
acknowledge that the challenge for most financial institutions will
be how to quantify and document the additional risk they may face.
Knowing that there are more questions than answers at this time,
lenders can still take specific action during the emergent
Abrigo helps over 2,500 community
2018 Credit Risk Readiness Report
In this study commissioned by Linda Keith CPA, find out what
senior lending and credit professionals thought about our readiness
at the end of the expansion, before this pandemic began. Are we
more ready or less? What can we do it be more ready?