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Now is the time to ensure that your organization is ei...

We continue to receive inquiries from our clients, and the market in general, around whether they are required to comply with the Red Flag...

Read More Now is the time to ensure that your organization is either covered or not.
Strategic Execution...

We have talked about: the creation of the vision for our loan portfolios (current state versus future state) – e.g. the strategy for moving...

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WHAT ARE BANKS SUPPOSED TO DO?...

By: Tom Hannagan For the last 16 months or so, the financial services industry has been indicted, tried, found guilty, sentenced and duly executed...

Read More WHAT ARE BANKS SUPPOSED TO DO?
Strategies for managing an investment portfolio...

In my last blog, I talked about the overall need for a vision for your loan portfolio and the similarity of a loan portfolio...

Read More Strategies for managing an investment portfolio
ROE vs ROA...

By: Tom Hannagan I was hoping someone would ask about this. Return on Equity (ROE) is generally net income divided by equity, while Return...

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Reporting should be a key element in your Red Flags Id...

We get the following question quite a bit: Would the regulators expect to see a log of detected activity and resulting mitigation? Short answer:...

Read More Reporting should be a key element in your Red Flags Identity Theft Prevention Program.
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...

Read More It’s Been a Month Already? Time to Start Looking Ahead.
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...

Read More Risk Is ………
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...

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

Read More Risk Mitigation versus Balance Sheet Chicanery
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...

Read More Risk-Based Pricing — NOT!