December 5, 2022
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,...
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December 2022 - Young & Associates, Inc.
December 5, 2022
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...
December 5, 2022
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...
December 5, 2022
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...
