By: Kyle Curtis, Director of Lending Services Note: The Current Expected Credit Loss (CECL) methodology replaces the Allowance for Loan and Lease Losses (ALLL) accounting standard, and all financial institutions,...
By: Mike Detrow, CISSP, and Brian Kienzle, CISSP, OSCP Written records are generally more trustworthy than human memory. Examiners and auditors typically take the following stance: if it isn’t formally...
By: Donald Stimpert, Consultant and Manager of Secondary Market QC Services As a result of higher mortgage interest rates and inflation continuing to weigh on affordability, Fannie Mae revised downward...
By: William J. Showalter, CRCM, CRP, Senior Consultant Now that interest rates are moving up, many bankers are blowing the dust off their adjustable-rate mortgage (ARM) loan offerings. Interest rates...
