3 Lending Trends From The Third Quarter Of 2021
First mortgage and used auto dominate the loan portfolio, but commercial lending is hitting an all-time high.
First mortgage and used auto dominate the loan portfolio, but commercial lending is hitting an all-time high.
Credit union success on the balance sheet and income statement in the third quarter is creating new opportunities for future impact.
How credit unions can avoid “analysis paralysis” as January 2023 deadline draws near.
Here are some key points to consider about being qualitatively and quantitatively prepared for the new Current Expected Credit Loss (CECL) standards.
Collections strategies should consider the outsourcing of early stage delinquency to experience the cost savings and compliant expertise as the delinquency rate remains uncertain.
Mortgage originations set a quarterly record while consumer lending rebounded in the fourth quarter of 2020. Further economic reopening brings optimism, but the industry must monitor pandemic-related declines in asset quality.
Loan performance in 2020 might shed light on the future of credit union lending.
Member engagement is on the rise as credit unions build on post-recession membership surge.
If your credit union works with a third-party vendor for your collections efforts, you know how important it is to ensure your partners perform at an optimal level. These are the five standard reports that you should expect from your collections partner.
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