Jul 30, 2020
We will focus on loan level stress testing with an
understanding of pay vs save strategies, a variation of the matrix
approach, questions to ask, and how to unwind if you have to. How
to answer the question: does this borrower have enough fuel to stay
in the air or enough runway if they have to land?
Topics discussed in this episode:
2:54 Pay strategies versus Save strategies
5:05 Are you comfortable extending the runway?
6:19 A matrix approach, but different
8:38 Dual loan grading system, then and now
11:00 How the write-up should change
12:20 Questions to ask the borrower
15:48 How has the customer helped themselves?
18:46 Get up to speed with alternate funding sources
About Rob Newberry:
Rob Newberry has over 20 years 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?