Articles

Using a Closing Disclosure to Reset Tolerance

June 1, 2018 - 1 min read

(CFPB Revises TRID to Remove the “Black Hole”) Effective June 1, 2018 The Truth-in-Lending/RESPA integrated disclosure (TRID) rule requires creditors to provide consumers with good faith estimates of the loan terms and closing costs on a Loan Estimate. Under the rule, an estimated closing cost is disclosed in good faith if the charge paid by…

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Lenders’ Leased Fee Risk

February 15, 2018 - 1 min read

Submitted by Ann Scott, February 15, 2018 Mattress Firm announced the closure of 200 stores in late 2017. Substituting “local” lease terms into those properties will weaken those properties’ cash flow and potentially leave lenders short on debt service coverage. Collateral value may also suffer, further increasing lender risk. As lenders assess their portfolio position…

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The Board’s Vital Role in Leading

June 27, 2017 - 1 min read

We have all heard this mantra time and again. “The board is responsible for safely directing the business and affairs of the institution in the best interest of shareholders, customers, the community, and in accord with the law.” Read more… Contact Vince via email or phone, at 502-479-5238.    

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Working the Appraisal

April 4, 2016 - 1 min read

– and Playing the Numbers If loan underwriting and cash flow analysis are the main course of a loan, appraisals are typically considered a part of the appetizer. Actually, they’re the burgundy to the beef, the Alfredo to the fettucine, the mint to the julep. It’s up to the appraisal reviewer to take a close…

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Appraisal Detail

March 14, 2016 - 1 min read

– Not Just Minutiae Appraisals contain a lot of data. The information can be ignored or it can be viewed with an eye towards usefulness. Sometimes the untrained eye will gloss over details that are critical to a loan structure. Following are just a few items that can be critical to a lending decision. Read…

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Risk Management and Strategic Planning

March 10, 2016 - 1 min read

– A Long Courtship Appraisals contain a lot of data. The information can be ignored or it can be viewed with an eye towards usefulness. Sometimes the untrained eye will gloss over details that are critical to a loan structure. Following are just a few items that can be critical to a lending decision. Read…

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C&I Lending Trends 2015

February 23, 2016 - 1 min read

Red Sky at Morning, Sailors Take Warning For the first time ever, total outstanding commercial & industrial loans exceed total 1-4 family first lien loans, and stand at a record $1.842 trillion as of December 31, 2015. Total 1-4 family first lien loans stood at $1.836 trillion. If this was a horse race, C&I loans…

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