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It’s Been a Month Already? Time to Start Looking Ahea...

The Federal Trade Commission (FTC) suspended enforcement of the new Red Flag Rule until May 1, 2009. According to the FTC’s Enforcement Policy, “…during...

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Lending Vision for 2009...

It is the time of year during which budgets are either in the works or have been completed.  Typically, when preparing budgets, we project...

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Risk Is ………...

By: Tom Hannagan In several posts we’ve discussed financial risk management, the role of risk-based capital, measuring profitability based on risk characteristics and the...

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Stop guessing: Identity Theft Prevention Programs Req...

I’m working with many of our clients in reviewing their existing or evolving Red Flags Identity Theft Prevention Programs. While the majority of them...

Read More Stop guessing: Identity Theft Prevention Programs Require Consistency
Retrenching of the credit discipline...

The pendulum has definitely swung back in favor of the credit discipline within financial institutions. The free wheeling credit standards of the past have...

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Hey Experian, what is your Red Flag solution called?...

As someone heavily engaged with the market and our clients discussing Red Flag Rule compliance, Red Flag guidelines, etc…this question has come up over...

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Risk Mitigation versus Balance Sheet Chicanery...

By: Tom Hannagan In previous posts, we’ve dealt with the role of risk-based capital, measuring performance based on risk characteristics and the need for...

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Risk in Moderation...

Just as with diet recommendations, moderation needs to be the new motto for credit risk management.  Diets provide for the occasional bag of chips...

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Risk-Based Pricing — NOT!...

By: Tom Hannagan The problem in the 2005 to 2007 home lending frenzy was not just granting credit to anyone who applied. It was...

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Red Flags: I think I’m compliant, but this is costing...

One of the more significant operational concerns around Red Flags compliance centers on the management of resultant referral volumes, i.e., the potential that the...

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Is Credit Scoring to Blame?...

Whenever an industry encounters problems, the natural tendency is to play the blame game.  In the banking industry, credit risk managers are looking for...

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Risk-Based Return on TARP...

By: Tom Hannagan In my last post, I addressed the need for banks to advance their management of risk to include the relationship between capital...

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Risk-Based Capital Measurement...

By: Tom Hannagan Much of the blame for the credit disaster of 2007 and 2008 has been laid at the risk management desks of...

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Red Flags in a Post-November 1 World...

For those of us that have been following the Red Flag Rules adoption for more than a year now, the recent arrival and passing...

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How are you treating your new potential customers?...

We know that financial institutions are tightening their credit standards for lending.  But we don’t necessarily know exactly how financial institutions are addressing portfolio risk...

Read More How are you treating your new potential customers?