Credit risk | ABA Banking Journal

November 12, 2019

Fannie, Freddie Transfer $102B in Credit Risk

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 $102 billion in credit risk to private investors, amounting to about 3.3% of $3.1 trillion in unpaid principal balance, the FHFA said today. For the first half of 2019, the GSEs transferred about $10.5 billion worth of credit risk. Transfers included debt issuances, insurance and reinsurance transactions, senior-subordinate securitizations and several kinds of lender-collateralized recourse transactions.

Newsbytes

November 11, 2019

Fed Proposes 18-Month Extension for Single-Counterparty Credit Limit Final Rule

The Federal Reserve Board on Friday issued a proposal to extend the deadline for its final rule limiting the amount of credit exposure that foreign banking organizations can have to each other and to other counterparties.

Compliance and Risk

October 16, 2019

Agencies Propose Policy Statement, Guidance to Reflect CECL Changes

As banks prepare to implement the current expected credit loss accounting standard, the financial regulatory agencies have issued a proposed interagency policy statement on allowances for credit losses and proposed interagency guidance on credit risk review systems.

Community Banking

October 2, 2019

CEO Q&A: From Financial Crisis to Digital Transformation

Ryan James reflects on how Surety Bank supported its customers through the financial crisis and how he’s positioning the 93-year-old institution for the next 90 years.

Newsbytes

October 1, 2019

OCC Outlines Supervision Priorities for 2020

The OCC today released its bank supervision operating plan for fiscal year 2020, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year that started Oct. 1.

Ag Banking

October 1, 2019

Survey Finds Cost of Funds Top of Mind for Community Bankers

Heated competition for bank funding is an increasingly important focus for community bank leaders, according to an annual survey released today by the Federal Reserve, the FDIC and the Conference of State Bank Supervisors.

Directors Briefing

September 23, 2019

Recession Risk: What’s the Role of the Risk Committee?

The essential question for any board risk committee can be boiled down to two words: What if? And these days, one of the burgeoning what-if questions focuses on the risk of a global recession.

Technology

July 30, 2019

How Does Missing Consumer Data Hurt Your Business?

Liens and judgments aren’t reflected in credit scores, but customers who have them pose increased credit risk.

ABA Banking Journal Podcast

June 3, 2019

Bonus Podcast: Why Leveraged Lending Is a Hot Topic

With leveraged lending-related risk on regulators’ minds — and on the agenda of the House Financial Services Committee tomorrow — the ABA Banking Journal Podcast discusses the issue with ABA Senior Economist Curtis Dubay.

Compliance and Risk

April 2, 2019

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.

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