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Three Impacts of a Cooling Housing Market

You have probably already started to feel it in your local markets. Six months ago, homes were being swept up within hours, or days of being listed, if they hit the market at all. Today, home values remain strong on paper, but they are being scooped up more slowly, indicative…
TTA-Admin
August 30, 2022
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The Economic Times, They Are A-Changin’

Recession or not, the times, they are a- changin’… From the COVID-19 pandemic, to Russia-Ukraine turmoil and everything in between it seems as if we are constantly speculating on what will be the catalyst that pushes us into the next recession. As it stands, many economists think the chances of a…
TTA-Admin
June 10, 2022
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Breaking Down the Drivers of Home Affordability

The cost of living is going up. The Bureau of Labor Statistics’ (BLS) April Consumer Price Index (CPI) rose 8.3% over the past year, higher than consensus estimates. From food, to energy, cars and shelter, no sector is safe from inflation. Higher prices doesn’t always mean less affordable, relatively speaking.…
TTA-Admin
June 1, 2022
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Inflation and How It Impacts Your Credit Union

Things have been good economically for so long that it’s hard to imagine a time when they weren’t. Even in the face of a devastating global pandemic, asset prices performed well and delinquencies and defaults have trended in the right direction. As a result, demand continued to outpace supply. Demand…
Jon Crossa
March 15, 2022
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Current Expected Credit Losses and Loan Profitability

A frequent criticism of the Allowance for Credit Losses is the disconnect created between the recognition of income and expense. Financial institutions are forced to record life of loan credit loss expense at origination, whereas income is recorded as it is earned. This deviates from the traditional ‘matching principle’ that…
Dinny Lechman
March 15, 2022
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Predicting the NCUA’s 2022 Supervisory Priorities

The NCUA will soon be releasing their Supervisory Priorities for 2022. Based on past priorities, evolving NCUA guidance, and the current economic environment here is what we think will be most important to examiners in 2022. Allowance for Loan and Lease Losses AND Current Expected Credit Losses (CECL) Moving into…
Dinny Lechman
January 5, 2022
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Consumer Lending Trends for 2022

The pandemic has impacted credit unions in many ways, some expected and some unexpected. While uncertainties in the economy remain, like the threat of new COVID variants, inflationary concerns affecting interest rates and supply chain issues disrupting markets, some broad trends emerge as we enter into a new year. Mortgage…
Dinny Lechman
December 3, 2021
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Are You CECL Ready?

Since the Financial Accounting Standards Board (FASB) announced the transition to Current Expected Credit Losses (CECL) on June 16, 2016, credit unions have been working to prepare for the implementation deadline on January 1, 2023 (but December 31, 2022 for all intents and purposes). We’ve received a lot of questions…
Dinny Lechman
November 11, 2021
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3 Questions with Dan Price

Dan Price, President at 2020 Analytics answers three questions asked by Lauren Culp, CUInsight Publisher & CEO. What challenges do you see credit unions are facing now and for 2022? What are the big questions credit unions are asking 2020 Analytics? How can credit unions use data to better serve…
Dinny Lechman
November 5, 2021

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