Rising Credit Risk on Regulatory Radar
Regulatory agencies are focused on the growth of credit risk outside the banking industry, according to remarks by top officials at the ABA Washington Summit today.
Browsing: Credit risk
As CECL Looms, Prepare for Board Discussions
Loan committees and chairs should be positioned to play a role to facilitate discussions about the new loan loss accounting standard.
OCC Warns of Risk from Rising Corporate Debt
Exposure to rising corporate debt — including bonds and loans — was among several key risk themes identified by the OCC in its semiannual risk report released today.
OFR Flags Market Risk, Leveraged Lending in Annual Report
Noting that economic indicators are exceptionally positive, the Treasury’s Office of Financial Research flagged market risk, credit risk and cybersecurity as high or moderate concerns in its annual financial stability report today.
Fannie, Freddie Transfer $81 Billion in Credit Risk Through Q2 2018
Since the Federal Housing Finance Agency launched a credit risk transfer program for GSEs Fannie Mae and Freddie Mac in 2013, the enterprises have transferred $81 billion in credit risk to private investors, amounting to about 3.2 percent of $2.5 trillion in unpaid principal balance, the FHFA said today.
OCC Flags Supervision Priorities for 2019
The OCC today released its bank supervision operating plan for fiscal year 2019, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year starting on Oct. 1.
OCC Flags Rising Interest Rates as Key Bank Risk
Uncertainty around how bank deposits will react to a rising interest rate environment was among several key risk themes identified by the OCC in its Semiannual Risk Perspective report released today.
OCC Announces Policy Shift on Small-Dollar Lending
Signaling a significant shift in the OCC’s approach to small-dollar lending, the agency today issued a bulletin encouraging banks to make “responsible short-term, small-dollar installment loans, typically two to 12 months in duration with equal amortizing payments” to help meet the credit needs of their customers.
FDIC Report Shows Few ‘High-Risk’ Banks; Notes Concentration Concerns
Only about one in 10 banks can be considered at “high” credit risk, according to the FDIC’s most recent credit survey — down from 42 percent in 2010, when banks were working through a backlog of bad loans.