Joint Regulatory Agencies Update CECL FAQ

The Financial Accounting Standards Board (FASB) recently released updates to the Current Expected Credit Loss (CECL) FAQ. You can read the 48 page FAQ here, but if you’re familiar with the original FAQ, we’ve put together a summary of the additions and changes below: Credit Card Loan Portfolio When looking…
Dinny Lechman
April 11, 2019

Indirect Lending – Boon or Bust?

When done well, indirect lending can be an important and profitable source of growth for your auto portfolio. However, if done improperly, you might wind up making more truck loans, without the corresponding truckload of money you think they are delivering. Without proper oversight, indirect lending can have tight margins…
Alan Veitengruber
July 10, 2018

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