Category Archives: Credit Risk
Understanding and Managing Credit Risk in Non-Lending Products
Aside from traditional credit risk, financial institutions need to understand a myriad of potential risks associated with non-lending products. Growing competition from both banks and non-banks and a greater need for automation and sophistication from customers are driving the financial … Continue reading
RMA’s 7th annual Governance, Compliance, and Operational Risk Conference (GCOR VII) Day Two Highlights
In a thought-provoking keynote speech on the second day of RMA’s 7th Annual Governance, Compliance, and Operational Risk Conference (GCOR VII), Richard Parsons offered a compelling view of what has gone wrong in banking and how to fix it. Parsons, … Continue reading
RMA’s 7th annual Governance, Compliance, and Operational Risk Conference (GCOR VII) Day One Highlights
Edward J. DeMarco Jr., General Counsel and Director of Operational Risk at RMA welcomed attendees on Day One of a sold-out GCOR VII in Boston and offered condolences and prayers on behalf of RMA to all those affected by the … Continue reading
Economic Uncertainty Is Top Challenge Facing Banks Today
Every article published in the Journal is reviewed by at least one and often several members of The RMA Journal Editorial Advisory Board. Late last year, 12 members of the board participated in a survey asking about the most serious … Continue reading
Health Care in 2013: Emerging Trends, Challenges, Opportunities, and the New “Normal”
Kenneth H. Weixel, Partner, Deloitte & Touche LLP, stated in a recent RMA audio conference, that the three biggest challenges to health care post election are access, quality, and most importantly, cost. Access: The number of Americans without health insurance coverage is high … Continue reading
Home Equity Secured Products – Managing the Pending Bubble
In the 2014-2017 timeframe, nearly $221 billion of HELOCs will reach the end of the draw period. Many of these lines have been interest only and many may now be underwater. In a recent audio conference, a distinguished and diverse panel … Continue reading
Ten Reasons to Get Credit Risk Certified (RMA-CRC)
Applying for RMA’s Credit Risk Certification should be at the top of your list of 2013 resolutions. Here are ten reasons why. Apply before January 31, 2013 for the spring testing period. 1. Enterprising Lenders Get Certified. The RMA-CRC designation … Continue reading
Understanding TDRs and Non-Accrual Recognition
TDRs continue to create confusion both in consumer and commercial portfolios and for banking professionals attempting to manage them. Validating this fact, the session on TDRs was the most attended among participants at RMA’s Annual Conference last October. During RMA’s most … Continue reading
Thoughts on Risk Management in the U.S. Mortgage Industry
The financial crisis created the perfect risk management storm in mortgage banking over the past five years. In a recent audio conference, Michael Zeltkevic, Partner at Oliver Wyman, illustrated how the following risks were exposed by the financial crisis: market, … Continue reading
Credit Risk Challenges During the Next 18 Months
Faced with continued pressure on pricing and modest easing on structure, senior credit officers participating in RMA’s recent audio conference stressed the importance of strengthening relationships with both customers and regulators. The speakers included John Killian, Chief Credit Officer, Comerica Bank, … Continue reading
