regulations and compliance Posts

Trusted Data for Informed Lending Decisions

Posted on January 25, 2023 by Todd Swan

Automated Workflows Can Help Lenders with Credit Decisioning For financial institutions, it’s more important now than ever to leverage multiple sources of trusted data to make informed lending decisions. One fundamental way to do this is to enable automated...

Trust, But Verify

Posted on January 23, 2023 by Mike Horrocks

Do you trust me to tell you why trust is important? I love data, numbers and surveys in my role as the head of product management here at Baker Hill. Data on market conditions, surveys on what banks and...

7 Strategies for Achieving Balanced Loan Growth – Part 5

Posted on June 1, 2021 by Baker Hill

CECL as a Strategic Business Initiative In our last post in this series on lending strategies , we covered deal pricing and efficient loan origination. Today, we’re moving onto CECL and how it looks to shake up the banking...

In the Green: Regulatory Changes for the Hemp Industry

Posted on November 6, 2020 by Jennifer Foraker

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...

Stress Testing - It’s All in the Data!

Posted on April 26, 2019 by Baker Hill

Stress testing is here to stay. No matter what your asset size, stress testing must be incorporated into your bank’s risk strategies. Regulators have definitive stress testing requirements for banks over the $10 Billion mark. The Dodd Frank Act...

How Well Do You Know Your Loan Portfolio?

Posted on August 24, 2018 by Baker Hill

With a deeper understanding of their loan portfolios, financial institutions can minimize CECL’s impact on their income statement CECL implementation will require financial institutions to book loan loss allowances for the life of the loan at the time of...