Posts by Jennifer Foraker

How Financial Institutions Can Cultivate Reliable Core Data for More Productive Lending

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Core data is the foundation of financial institutions. But how solid is your foundation? Do you trust your data? Has it been transformed? The bigger question is, what can you do to clean it up? When considering commercial or...

Managing Risk in Your Digital Lending Workflows

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Managing lending workflows is not for the faint at heart. Whether you work for a bank or a credit union, regulation of the banking industry comes with many hurdles. While we understand why these regulations have been put in place,...

In the Green: Regulatory Changes for the Hemp Industry

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FDA, SBA, USDA, state and local government. What do all of these have in common? Well if your institution is interested in lending to hemp related businesses, then you need to comply will all the regulations and requirements outlined by...

PPP Forgiveness and Beyond

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Lender’s Log 9.17.2020 It’s been 174 days since the Paycheck Protection Program was signed into law. The SBA has initiated the platform for Forgiveness submission and has started accepting requests. There is still lots to be explored and further...

Interim Final Rule on the Paycheck Protection Program

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“To improve is to change, to be perfect is to change often.” – Winston Churchill If there is one thing we all know about the SBA Paycheck Protection Program , it’s that the only thing constant is change. From...