Credit risk

Climate change — a new type of credit risk for banks and NBFIs

Karimul Tuhin | Published: November 19, 2022 9:50:02 PM Financial actors are realizing that the impacts of climate change they predicted in the distant future are, in reality, much closer. Since the signing of the Paris Agreement in 2015, climate…

Global credit risk management industry expected to reach $3.9 billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Credit Risk Management: Global Strategic Business Report” has been added to from ResearchAndMarkets.com offer. The global credit risk management market, estimated at US$1.4 billion in 2020, is expected to reach a revised size of US$3.9 billion by…

Investment manager streamlines credit risk assessment

Global inflation, ongoing supply chain issues and a war between Russia and Ukraine are just some of the issues facing investment managers in APAC and around the world. Commercial real estate (CRE) is particularly vulnerable following the negative impacts of…

Coinbase calms investors worried about credit risk and FTX token exposure – blog

Nov 8 (Reuters) – Cryptocurrency exchange Coinbase Global Inc (COIN.O) has assured investors of minimal exposure to private rival FTX after concerns over the latter’s finances dragged its digital coin FTT to its lowest level since early 2021. “Coinbase and…

As of September 30, 2022 – InsuranceNewsNet

US Regulated Stock Markets (Alternate Disclosure) via PUBT VSREEDIT RISK JTRANSFER (CRT)UPDATE FWHERE PPERIOD ECONCLUSION:SSeptember 30, 2022 This presentation may include “forward-looking statements” that are subject to known and unknown risks and uncertainties, many of which may be beyond our…

Credit risk in trade, supply chain and export finance returns to pre-pandemic levels, confirms ICC – ICC

The International Chamber of Commerce (ICC), together with its partners Global Credit Data (GCD) and Boston Consulting Group (BCG), has released its 2022 Commerce Registry Report, confirming that credit risk in commerce, the supply chain sourcing and export financing has…

Debt-ridden companies face increasing risk of credit risk downgrades

Companies that sell consumer goods risk being downgraded if political and market volatility continues, rating agency S&P has warned. He said ratings pressure was “most likely to be felt” in the retail, consumer products and real estate sectors, as they…

Hurricane Ian unlikely to pose serious credit risk to Florida banks

Hurricane Ian devastated communities in South Florida, but banks in the region are unlikely to suffer long-term negative effects, equity analysts say. While banks in affected areas could see an increase in their loan loss reserves, the insurance should protect…

Hurricane Ian unlikely to pose serious credit risk to Florida banks

Hurricane Ian devastated communities in South Florida, but banks in the region are unlikely to suffer long-term negative effects, equity analysts say. While banks in affected areas could see an increase in their loan loss reserves, the insurance should protect…

‘Now is a good time to get into credit risk funds’: ICICI Prudential MF’s Manish Banthia

Manish Banthia, Senior Fixed Income Fund Manager, ICICI Mutual Fund, said fixed income funds have been through a dull period, but the bright phase is coming now. He was talking about how to position mutual funds at Cafe Mutual Confluence…

‘Now is a good time to get into credit risk funds’: ICICI Prudential MF’s Manish Banthia

Manish Banthia, Senior Fixed Income Fund Manager, ICICI Mutual Fund, said fixed income funds have been through a dull period, but the bright phase is coming now. He was talking about how to position mutual funds at Cafe Mutual Confluence…

What is credit risk? Definition, importance and examples | Arena

Credit risk relates to losses that arise from a lender’s ability to repay its loans. Bartolomé Ozonas for iStockphoto; Cloth What is credit risk? Why is this important? When an investor buys a bond, they are essentially making a loan…

Diversify your portfolio with high-quality bond ETFs with less credit risk

With inflation persisting, the chances of the Federal Reserve deviating from its aggressive monetary tightening are slim. While the Fed is expected to continue raising interest rates, analysts expect the economy to be heading for a hard landing. Even Fed…

Fannie Mae transfers $700 million of mortgage credit risk to re/insurers

Fannie Mae announced the transfer of $700 million of mortgage credit risk to private reinsurers through its Credit Insurance Risk Transfer (CIRT) Program 2022-9, as part of its ongoing efforts to reduce the risk of taxpayers by increasing the role…

BSP extends lower credit risk weighting for MSME lending

Lawrence Agcaoili – The Filipino Star September 26, 2022 | 00:00 MANILA, Philippines — The validity of the lower credit risk weight for loans to micro, small and medium-sized enterprises (MSMEs) has been extended for another six months to further…

Credit Risk Transfer Transaction: September 2022 – InsuranceNewsNet

US Regulated Stock Markets (Alternate Disclosure) via PUBT MMORTGAGE IINSURANCE-LINKNOTTAKES AWAY RE-INSURANCE JRANSACTION RE-INSURANCE PPROVIDED BYes: RADNOR RE 2022-1LTD. This presentation may include “forward-looking statements” that are subject to known and unknown risks and uncertainties, many of which may be…

The best time to invest in credit risk funds, but be risk-aware

“Over the next 3-6 months valuations will be very attractive and now is a good time for retail investors to jump into credit risk funds,” said fixed income fund manager Manish Banthia. ICICI Prudential Mutual Fund. He was speaking at…

Below-average returns in more than half of plans plague credit risk funds

10 out of 16 plans generated returns of less than 6% in one year; AUM category still a fraction of pre-pandemic level Topicscredit risk funds | Debt funds Abishek Kumar | Bombay Last Updated on Sep 20,…

Apple Card’s credit risk manager leaves for X1 credit card startup

Apple’s head of credit risk for the Apple Card, Abhi Pabba, has left the company. Pabba, who worked at Apple’s office in Austin, Texas, will join California-based credit card company X1 starting next week as chief risk officer, according to…

New VantageScore® Data Tool Enables Accurate Measurement of Credit Risk Over Time

Risk report powered by VantageScore™ Quantifies the relationship between VantageScore credit ratings and default risk SAN FRANCISCO, September 15, 2022 /PRNewswire/ — A common misconception about credit ratings is that the risk associated with a particular rating is static. In…

Preferred US banks: lower complexity than credit risk

canbalci By Andrew C. Arbesman, CFA, CPA Preferred US banks offer investors attractive risk-adjusted returns relative to similarly rated credit. We remain confident in the soundness of the financial system and maintain a constructive view of banking sector credit sector….

In-depth analysis of the credit risk scoring software market

We have published a new market study on the Global Credit Risk Scoring Software Market with 100+ market data tables, circle chat, charts and figures spread across pages and easy to understand detailed analysis . Currently, the market is expanding…

IUSB has minimal credit risk, but duration is an issue (NASDAQ:IUSB)

cagkansayin The iShares Core Total USD Bond Market ETF (NASDAQ: IUSB) is one such bond ETF that the concerned investor might consider right now to defend against the impending recession. Employment is on stilts as consumer confidence plummets. Economic conditions…

Credit Risk Management Software Market Report (Size, Share

Isle of Man, Aug. 31, 2022 (GLOBE NEWSWIRE) — Douglas Insights recently added the Credit Risk Management Software Market to its research engine to enable researchers and market professionals to identify and analyze current market trends, market growth drivers, restraints…

Credit Risk Management Software Market Report (Size, Share

Isle of Man, Aug. 31, 2022 (GLOBE NEWSWIRE) — Douglas Insights recently added the Credit Risk Management Software Market to its research engine to enable researchers and market professionals to identify and analyze current market trends, market growth drivers, restraints…

Credit Risk Management Software Market Report Comparison (Size, Share, and Trends) by Rating, TOC, Page Count, and Price Only At Douglas Insights

Douglas Insights The major countries covered in the Credit Risk Management Software market report are Germany, UK, France, Italy, Spain, Russia, US, Canada, Mexico, Brazil, Argentina, China, Japan, India, South Korea, Israel, GCC countries, South Africa. , Turkey, etc. Isle…

Freddie Mac’s credit risk transfers set records for the second quarter of the first half

Freddie Mac announced on Tuesday that its single-family credit risk transfer business set records for the second quarter and first half. The government-sponsored firm issued about $6.5 billion between April and June, mitigating risk on mortgages with a total outstanding…

Freddie Mac’s credit risk transfer delivers record first

MCLEAN, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) — Freddie Macit is The one-family business today announced that its Credit Risk Transfer (CRT) program announced a CRT issuance in the second quarter of 2022 of approximately $6.5 billion, protecting approximately $151…

Freddie Mac Credit Risk Transfer delivers record first half

Freddie Mac MCLEAN, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) — Freddie Macit is The one-family business today announced that its Credit Risk Transfer (CRT) program announced a CRT issuance in the second quarter of 2022 of approximately $6.5 billion, protecting…

Freddie Mac’s credit risk transfer delivers record first

MCLEAN, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) — Freddie Macit is The one-family business today announced that its Credit Risk Transfer (CRT) program announced a CRT issuance in the second quarter of 2022 of approximately $6.5 billion, protecting approximately $151…

IndusInd Bank – Credit risk increases further, margin under pressure: Systematix

BQ Prime’s special research section brings together in-depth and quality research reports on stocks and the economy from India’s top brokers, asset managers and research agencies. These reports offer BQ Prime subscribers the opportunity to broaden their understanding of companies,…

5 Factors Lenders Use to Best Measure Your Credit Risk

When applying for a new credit card, loan, or other type of financing, a credit check is almost guaranteed to be part of the application process. Credit scores help lenders predict risk, and lenders can use them to determine an…

ESG in Credit Risk: Workshop on ESG Disclosure in Leveraged Finance | Summary of the workshop

The integration of environmental, social and governance (ESG) factors into the leveraged finance market is growing rapidly. There is a growing need for standardized ESG guidelines and a desire to integrate ESG information into key transaction documents. These are some…

FERC tackles credit risk metrics with NOPR, show cause order

File numbers RM22-13-000, EL22-62-000Articles E-1 and E-2 | Presentation FERC today took steps to improve credit risk management in organized wholesale electricity markets. The Commission’s Notice of Proposed Rulemaking (NOPR) would allow electricity market operators to share credit information with…

ECGC launches new program to provide up to 90% export credit risk insurance coverage for small exporters

Trade, import and export for MSMEs: Export credit provider Export Credit Guarantee Corporation of India (ECGC) has launched a new scheme to insure up to 90% of credit risk in export finance, supporting small exporters by encouraging banks to provide…

Worry Discount overcompensates investors for corporate credit risk

webphotographer/E+ via Getty Images How the “Worry Discount” Overcompensates Credit Investors (Like Us!) [A more detailed version of this article, with additional data and references, was made available to members and free trial subscribers of Inside the Income Factory® on…

Geopolitical unrest leads to increased credit risk: Moody’s

“Geopolitics can disrupt economic, financial, institutional and political stability and can directly affect credit,” Kelvin Dalrymple, vice president and chief credit officer at Moody’s, said in a statement. Moody’s said credit risks were rising in several key areas due to…

Soaring Inflation Prompts USMCA Firms to Strengthen Customer Credit Risk Management, Atradius Survey Finds

As inflation soars higher, increasing pressure on their liquidity and borrowing power, USMCA companies are tightening credit risk management to protect their profitability in the coming months AMSTERDAM, July 6, 2022 /PRNewswire/ — The impact of the alarming spike in…

Credit Risk Scoring Software Market – Major Tech Giants Are Buzzing Again

Times are very difficult for humanity as we are fighting two pandemics simultaneously. Health & Economy. Salute to all healthcare professionals around the world, who have selflessly plunged headlong into this uphill battle to keep us breathing. We at JCMR,…

Credit risk management software for the banking market – growing demand from industry professionals: CyberMetrics Corporation, Fluke Calibration, Beamex

Times are very difficult for humanity as we are fighting two pandemics simultaneously. Health & Economy. Salute to all healthcare professionals around the world, who have selflessly plunged headlong into this uphill battle to keep us breathing. We at JCMR,…

Integrating Climate Risk into Bank Credit Risk Management: Practical Considerations

According to a recent CDP report, while many banks have identified the effects of climate change on their operations, most have yet to measure the impact on their funding portfolios. This means that most banks are likely underestimating their exposure…

Here’s how to compare desktop data pricing for the credit risk product

The credit data landscape is more competitive than ever with fintechs taking advantage of innovations such as Open Banking. Moreover, new unsecured loan options like BNPL even exceed the use of credit cards. But with credit bureaus charging organizations different…

Oversized rate hikes, oversized credit risk, oversized problems. Follow the dominoes. -Charlie Jamieson

The change in policy in 2022 has triggered a series of dominoes for asset markets. Government bonds were the first to fall in the first quarter, while other assets also followed aggressively in the second quarter. Quoted assets are instantly…

Tool launched to help companies assess credit risk in supply chains

A new tool will help construction companies assess credit risk in their supply chains as financial uncertainty continues to plague the sector. The Business Health Dashboard will provide businesses with information on outstanding debts and payment risk throughout the supply…

What machine learning can bring to credit risk management

As credit markets continue to evolve, banks can take advantage of products that use machine learning – software that allows banks to anticipate risk more effectively. But should banks revise their credit risk management processes accordingly and use these new…

How China is relaunching credit risk hedging tools

Placeholder while loading article actions As regulators have clamped down on excessive borrowing by Chinese property developers, the fallout from a resulting cash crunch has weighed on an economy already struggling due to pandemic shutdowns and other disruptions. Regulators have…

How China is relaunching credit risk hedging tools

Placeholder while loading article actions As regulators have clamped down on excessive borrowing by Chinese property developers, the fallout from a resulting cash crunch has weighed on an economy already struggling due to pandemic shutdowns and other disruptions. Regulators have…

CBN announces effective date of credit risk regulations

Jun 04 (THEWILL) – The Central Bank of Nigeria (CBN) has mandated the registration of Other Financial Institutions (OFIs) in the Credit Risk Management System (CRMS). In a circular posted on its website and signed by Chibuzo Efobi, director of…

Based on a one-year investment, this credit risk fund delivered absolute returns of 142.77%, outperforming the benchmark

BOI AXA Credit Risk – Direct Plan-Growth This is a 7-year Credit Risk FCP launched on February 27, 2005 by the FCP BOI AXA. It is a small credit risk fund. The Assets Under Management (AUM) size of the fund…

Credit Risk Systems Market Size, Scope and Forecast

New Jersey, United States – The Credit Risk Systems Market report is an output of in-depth and expert research on the Credit Risk Systems industry. The Credit Risk Systems Market report explains what the market is all about, market prognosis,…

Enforcement of credit risk regulations to start August 1, CBN tells OFIs

The Central Bank of Nigeria (CBN) has mandated the registration of other financial institutions (OFIs) in the Credit Risk Management System (CRMS). CBN gave the directive in a recently published circular on its website and signed by Chibuzo Efobi, Director…

How traditional lenders can improve credit risk management to lend more to SMEs

When it comes to commercial lending, a solid approach to credit risk management is essential. Accurately and efficiently determining the creditworthiness of new or returning borrowers will help traditional lenders and new lenders increase the amount they lend to businesses,…

Organic profitability and solid credit risk profile: overweight BBVA despite the rapid abandonment of its historically conservative financial management

BBVA leads the Spanish banking sector for the quarter in Mexico Posted By: The Corner May 28, 2022 Santander Companies and investment | Fitch announced this week that it confirmed his grades for BBVA (A3e, Ae, BBB+e). This includes its…

Can machine learning be used for credit risk modeling?

Can machine learning be used for credit risk modeling? Lending is a major activity of banks. It is important for banks to predict whether a particular applicant is able to repay the loan. Bad debts are restricted by ensuring that…

In-depth research of the global credit risk systems market, industry statistics 2022

The Global”Credit Risk Systems Market“The report provides insight into the global industry, including valuable facts and figures. This research study explores the global market in detail such as industry chain structures, raw material suppliers, and manufacturing. The Credit Risk Systems…

CBN sets criteria for registration of other financial institutions in credit risk management system

The Central Bank of Nigeria has stated that Other Financial Institutions (OFIs) must meet certain requirements set by the apex bank to be registered in the Credit Risk Management System (CRMS). This was revealed by Mr. Chibuzo Efobi, Director of…

Credit risk funds offer returns of 15%. Should you invest in them?

Credit risk funds are enjoying their place in the sun. In fact, those schemes that invest at least 65% of the corpus in instruments rated below AAA, offer double-digit returns over the past year. Meanwhile, other mutual funds offer sub-single-digit…

Four things to consider when analyzing the credit risk impacts of market volatility

Proactive monitoring of quantitative and qualitative risk factors can help understand and assess the growing credit risks associated with the new realities of market volatility. The Corporate Credit Assessment Scorecard provides an effective framework for navigating the current climate, particularly…

This top notch credit risk fund with returns of 48.57% in 5 years is good for investment

ICICI Prudential Credit Risk Fund – Direct Plan-Growth It is an 11-year credit risk debt fund launched on December 3, 2010 by ICICI Prudential Mutual Fund. It is a medium-sized open-ended fund in its category. It has an Assets Under…

Relying on innovation for agile and accurate credit risk modeling

In an environment of significant uncertainty, AI, machine learning and alternative data will optimize decision-making and maximize returns The pandemic-induced disruption has shed light on credit risk patterns, raising pertinent questions about the quality of existing decision-making processes. Worryingly, our…

Future Scope of Credit Risk Management Software Market Including Major Players IBM, Oracle, SAP, SAS, Experian, Misys – Queen Anne and Mangolia News

Times are very difficult for humanity as we are fighting two pandemics simultaneously. Health & Economy. Salute to all healthcare professionals around the world, who have selflessly plunged headlong into this tough battle to keep us breathing. We at JCMR,…

‘Massive downgrades? Unlikely”: Project Managers See Remote Credit Risk for CLOs

Secured Loan Obligations (CLOs) have fallen on hard times over the past two decades. In 2004, the Luxembourg Parliament adopted the law on securitization in order to limit CLOs and to protect investors against taking on additional risks. But on…

With SIP returns of 25.05% in 5 years, this credit risk mutual fund is a good buy

Baroda BNP Paribas Credit Risk Fund – Direct Plan-Growth This Baroda BNP Paribas Mutual Fund House Credit Risk Fund was launched on January 23, 2015. It is a medium-sized open-ended fund in its category. This fund has Rs204.65 Crore of…

Credit Risk Management Platform Market Including Top Key Players IBM, Oracle, SAP – SMU Daily Mustang

Times are very difficult for humanity as we are fighting two pandemics simultaneously. Health & Economy. Salute to all healthcare professionals around the world, who have selflessly plunged headlong into this uphill battle to keep us breathing. We at JCMR,…

Credit Risk Systems Market to Witness Huge Growth by 2030 | IBM, Oracle, SAP – SMU Daily Mustang

Times are very difficult for humanity as we are fighting two pandemics simultaneously. Health & Economy. Salute to all healthcare professionals around the world, who have selflessly plunged headlong into this uphill battle to keep us breathing. We at JCMR,…

Business News | Stock and Equity Market News | Financial news

Search mutual fund quotes, news, net asset values Addiction INE002A01018, TRUST, 500325 Adani Wilmar INE699H01024, PUNCH, 543458 Tata power INE245A01021, TATAPOWER, 500400 Adani…

Credit Risk Management Software Market to Witness Huge Growth by 2027: IBM, Misys, Kyriba

This press release was originally distributed by SBWire New Jersey, United States – (SBWIRE) – 05/05/2022 – Latest published study on Global Credit Risk Management Software Market by AMA Research assesses market size, trend and forecast till 2027. The Credit…

Interest, inflation and credit risk uncertainty

In March 2022, the Federal Reserve approved its first interest rate increase since 2018. The 0.25% rise is due to inflation being at its highest level since the Reagan administration. The recent increase is the first of a possible six…

What a modern credit risk management solution should be able to do – Research Snipers

Today, the practice of financial services risk management has become increasingly sophisticated, relying on an ever-increasing number of mathematical and statistical approaches. Over time, Value-at-Risk (VaR) analysis has become a must-have for investment and commercial banks to measure and mitigate…

The fundamentals of credit risk management and how to mitigate credit risk

After two years of Covid-19-induced slowdown in India’s economy, there was a silver lining in the last quarter of FY2022. Rating agencies reported fewer downgrades and saw an improvement in the credit quality. Meanwhile, Russia invaded Ukraine on February 24,…

Global Environment Analyst | Global Environment Analyst

David Harper, financial trainer at Fitch Learning, explains the development of ESG in credit risk analysis and how Fitch integrates ESG into its decision-making Become a member of the Environment Analyst community and gain access to: 2…

Top 6 Credit Risk Factors When Evaluating Banks Amid Market Volatility

Bank solvency over the past two years has been significantly affected by the effects of the coronavirus pandemic, oil price shocks, political unrest and increased market volatility. The magnitude varies by industry, geography and rating level. Emerging market banks are…

BOI AXA at ​​Nippon India: Credit risk funds shine with returns of 17.4%

Over the past few months, several categories of debt funds have generated subdued returns due to soaring bond yields. Topicscredit risk fund | Japanese | BOI AXA MF Chirag Madia | Bombay Last Updated on Apr 28,…

Major Asian company links climate change to credit risk

Regulations on measuring climate-related risks and communicating adequate information continue to evolve rapidly in Asia and abroad. This justifies the need for financial institution risk managers to develop ways to monitor the resilience of their portfolios to climate-related financial risks….

Credit risk fund: BOI AXA Credit Risk Fund offers 150% return in one year

BOI AXA Credit Risk Fund, one of the worst defaulted programs of 2019, is suddenly at the top of the performance rankings. With returns of 149% in one year, the program is among the top performers in the area of…

How AI-powered technology is transforming the credit risk process

Global data and intelligence solutions provider, Provenir, leads the market with its data insights innovation and technologies. The US-based software technology company, which supports the international fintech industry, ensures that the market is a global ecosystem of data and intelligence…

Camino Financial Elects VP of Data Science and VP of Credit Risk/Portfolio Management

The forward-looking company attracts the best talents in the industry to achieve the goal of $1 billion life loans by 2023. LOS ANGELES, April 19, 2022 /PRNewswire/ — Financial Camino—an AI-powered community lending platform providing affordable credit and wealth-building solutions…

Assessing Credit Risk – The Hindu

The promise of higher returns can be misleading. Investors should exercise caution The promise of higher returns can be misleading. Investors should exercise caution Rajesh asks his colleague Parag to lend him ₹400. Rajesh assures Parag that he will return…

Credit risk funds offer double, triple digit returns. Should you invest?

Credit risk funds, which were hit hard by a series of defaults and downgrades in 2018 through early 2020, have rebounded to offer average returns of 19% over the past year. This is when most other mutual fund categories struggle…

DataPro, partner of a European company, launches a credit risk management tool

Nigerian technology-focused credit rating agency, DataPro, has partnered with ModeFinance, Europe’s leading fintech rating agency. The credit risk management tool is said to help businesses navigate the complex terrain of today’s credit risk management and speed up the process of…

Analysis: Hybrid works pose credit risk for cities looking to issue debt

Remote work can impact a city’s revenue in many ways, from payroll taxes that are levied based on where workers work their hours, to sales taxes that commuters pay in a local cafe on the way to the office. Some…

Debt funds: Should we bet on credit risk funds?

The search for higher yield in an environment of low interest rates, attractive spreads after the Franklin Templeton episode and abundant systemic liquidity led individuals to invest in credit risk funds. After Franklin Templeton shut down six debt programs investing…

This credit risk fund has given SIP returns of 11.72% in 3 years, check out the portfolio

Axis Credit Risk Fund – Direct Plan-Growth As the name suggests, it is a credit risk with assets under management worth Rs 739.23 crore. It is an open-end debt mutual fund. The expense ratio of this fund is 0.81%. It…

Leverage innovation to bring newfound speed and accuracy to credit risk modeling

The results of the global survey reveal great uncertainty in the modeling of credit risk,highlighting the need for AI, machine learning and alternative data By Kim Miner, Senior Vice President, Global Marketing at Arise from With all the disruption caused…

Already have a credit risk score – how about adding a health risk score?

ARLINGTON, Va. — All patients should have a “health risk score” that tracks them over time, Peter Orszag, CEO of financial consulting at Lazard, New York, said at Health Datapalooza’s meeting. Academy Health here. “We all have a credit risk…

Bitcoin – Environmental Impact and Credit Risk

While many financial political and government legislators around the world are working to establish a solid framework to regulate the growing cryptocurrency industry, some companies have already taken practical steps to diversify their corporate balance sheets. , adding Bitcoin as…

Job: Senior Credit Risk Analyst at MKOBO Microfinance Bank

MKOBO Microfinance Bank Limited is a fully licensed MFB by the Central Bank of Nigeria (CBN). MKOBO was designed to help solve consumers’ need for access to short-term emergency credit. Our goal is to provide access to short term, easily…

Enact Mortgage secures $325 million credit risk transfer

Enact Holdings announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has secured approximately $325 million in supplemental Excess of Loss (XOL) reinsurance coverage. This Credit Risk Transfer (CRT) transaction covers a portfolio of existing mortgage insurance policies underwritten…

Bank of China to tighten credit risk control as bad debt reserve grows slower

Bank of China Ltd. said it would double credit risk control in 2022 after its bad debt buffer grew at the slowest rate in at least four years. The country’s fourth-largest bank by assets earmarked 390.54 billion yuan in loan…

Gartner: New Credit Risk Management Criteria

An amazing attribute of Gartner’s business model is the opportunity to speak with so many financial services leaders about their top priorities. From these recent interactions, we detected that financial services executives…