News Topic: Credit quality

Nonbanks hold a disproportionate percentage of the worst-rated loans, but banks hold a majority of the market, and risk management safeguards are largely untested, according to an interagency report on shared national credit. ... Read full article

The Los Angeles company set aside more money to cover a problem loan after an updated appraisal of the credit's collateral. ... Read full article

The largest bank in Puerto Rico said hundreds of millions of dollars of its mortgages and consumer loans are tied to the parts of the island hit by the recent quake or still recovering from two hurricanes. ... Read full article

The credit card lender has seen problem loans spike since it introduced a feature that lets at-risk customers restructure loans through its online and mobile channels. ... Read full article

Franklin Financial agreed to be sold less than a year after issues surfaced in its portfolio of shared national credits. ... Read full article

The Dallas bank’s troubled energy loans reached a nearly two-year high as crude prices plummeted. ... Read full article

The Arkansas bank is bracing for a rough 2020 amid record prepayments and a big substandard loan in its commercial real estate book, but CEO George Gleason insists shareholders will see "a nice payoff" in the long run. ... Read full article

Regulators are beginning to recognize the importance of using alternative data to provide credit for the underbanked. Now is the time to expand its use across the industry. ... Read full article

The FHFA’s attempt to move some of its balance sheet into the private sector could leave investors with greater liabilities than they were initially told. ... Read full article

Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside. ... Read full article

Susan Riel succeeded Ronald Paul as CEO of the Maryland bank shortly before questions surfaced about credit quality and lending practices. ... Read full article

Paul Murphy took full responsibility for a recent spike in charge-offs at the Houston company. His challenge in 2020 is keeping credit issues in check. ... Read full article

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks. ... Read full article

Testing shows an overreliance on machine learning data can unfairly harm credit scores. ... Read full article

Many business customers are putting off expansion because they can’t find enough workers to fill available jobs. ... Read full article

One-time expenses at a handful of large banks marred an otherwise solid quarter, while higher charge-offs point to possible credit-quality concerns. ... Read full article

Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean? ... Read full article

Such credits, which reflect borrowers with financial challenges, increased significantly during the third quarter. ... Read full article