Compliance Software
May 15, 2017
Despite the recent rise in interest rates, borrowers in need of commercial real estate loans have remained optimistic thanks to positive economic outlooks. According to the CBRE Lending Momentum Index, CRE lending activity in March was up by 25.2% year-over-year.
June 9, 2017
The CFPB (Consumer Financial Protection Bureau) recently released examination priorities around lending practices of financial institutions. These examinations will ensure that all financial institutions are staying compliant in fair lending practices. Now, more than ever, having an up-to-date and robust system that self-monitors fair lending practices for your institution is […]
October 12, 2017
The landscape of lending is changing in part to the continued popularity of online lenders. A large number of today’s loan applicants are more likely to choose a non-bank lender for their financing needs for a number of reasons such as convenience and flexibility. However, community banks can remain competitive […]
October 20, 2017
Starting in 2018, the Midsize and Community Bank Supervision (MCBS) team of the Office of the Comptroller of the Currency (OCC) will focus on risk analysis, credit underwriting, strategic risk, asset management, operational risk and other objectives. The context of these objectives is as follows: Risk Analysis The incorporation of […]
November 20, 2017
The lending landscape has changed dramatically over the past few years. According to the Washington Post, as recently as 2011, Bank of America, JPMorgan Chase and Wells Fargo — the three largest banks in the country — were responsible for 50 percent of the loans in the United States. Just […]