Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Lending Insights offers tools risk reports
ONTARIO, Calif (12/20/10)--Lending Insights has announced a series of new analytical tools, reports and enhancements to help credit unions satisfy regulatory risk-management and compliance requirements. The tools bolster Lending Insights’ Lending Performance Management System (LPMS) program’s library, adding more than 75 new system reports designed to help credit unions advance their risk-management practices and processes, and their overall portfolio success. The company developed the system reports to accommodate the changing regulatory environment and to satisfy the risk-management practices required by regulators. The new reports address a number of areas:
* Concentration risk; * Credit-score migration; * Loan-to-value analysis by loan loss or delinquency; * Term analysis by loan loss or delinquency; * Dealer profitability; * Portfolio analysis; and * Static pool analysis.
In a letter to credit unions in March focusing on concentration risk, the National Credit Union Administration (NCUA) emphasized a need for the expanded list of system reports. NCUA noted that “credit union officials and management have a fiduciary responsibility to identify, measure, monitor and control concentration risk. Concentration risk must be managed in conjunction with credit, interest rates and liquidity risks; as a negative event in any category may have significant consequences on the other areas, as well as strategic and reputation risks.” Lending Insights’ LPMS program offers a set of online monitoring and reporting tools that help credit unions manage their loan portfolios, and meet regulatory compliance. The program tracks performance and trends against a credit union’s goals, and provides branch management tools, capabilities to assess performance by portfolio segments, and market intelligence tools to benchmark the credit union’s performance against other lenders.


RSS





print
News Now LiveWire
#creditunions celebrate #EarthDay2015 by being green aware with e-statements, hosting shred events, planting trees
10 hours ago
From @WSJ: 33% of companies say it took them more than 1 yr to discover a data breach. http://t.co/a0MxV68X6t http://t.co/lkglx6WvKs
14 hours ago
.@CAMCouncil taps into @MICreditUnions' career, tech training resources http://t.co/sotnfCUgIo
15 hours ago
#Inflation ticks up in March, still relatively flat #NewsNow #Market http://t.co/PyAvwdkJ4M
15 hours ago
#NewsNow Ill. league groups elect board, exec officers http://t.co/KAG8MtbGsv
16 hours ago