Kevin Filan

May 30, 2024 | cumanagement.com | Lee Wetherington |Kevin Filan

5 minutes Is your institution adjusting its approach to the requirements of modern lending? In March 2022, the first of 11 consecutive rate increases by the Federal Reserve reawakened scrutiny on lending. As inflation has remained stubbornly high and consumers savings from COVID-19 have evaporated, focus has rightly shifted to the ongoing ability of consumers to service their existing debt and take on new loans.