Article

BLOG

Rick Haskell

CECL Preparedness & Implementation

At this time, the CECL accounting standard is required for non-public entities with assets of $10 million or more. As smaller lenders...

Rick Haskell

The Use of Custom Scores in Collections

How accurate are scoring models anyways? In the 1990’s and early 2000’s, scoring models were coming on the scene within financial...

Rick Haskell

What is the Value of Your Loan Portfolio?

With so much focus around credit quality and risk management, you might not think much about what your portfolio is actually worth. Its...

Rick Haskell

Scorecards are a Game-Changer

Are you a small to mid-sized lender, perhaps a regional bank or credit union, or maybe an up-and-coming specialty finance company with...

Rick Haskell

Data Mining Based on Cumulative Net Loss (CNL)—the Lending Executive’s Dream Tool

Ask 10 different managers for their “go to” variable when assessing borrower risk, and you’re likely to get 10 different answers. Having...

Rick Haskell

The Collections Manager’s Duty, & Opportunity

Perhaps you started your career as a front-line collector—most likely working early-stage delinquent accounts, and driven with a natural...

Rick Haskell

Middle Management Disrupters!

For those of you sitting in a manager’s or director’s role, this article is for you. First of all, congratulations for the work that you...

Rick Haskell

When the Going Gets Tough, the Tough Get Going!

Unless you’ve been living under a rock, you’re undoubtedly aware of where we are in “the cycle”. Loan origination is slowing down,...

Rick Haskell

Not Your Typical Reporting Package

When it comes to most lending software, out-of-the-box dashboards and reports are mostly useless, at least that’s been my experience....