CBLR Coronavirus Update
April 6, 2020 The Community Bank Leverage Ratio (“CBLR”) final rule was recently adopted by the federal banking agencies and became effective on January 1, 2020. The rule is optional […]
CECL
The FHLBank MPF® Program and Credit Enhancement
ACCOUNTING FOR THE MPF CREDIT ENHANCEMENT To account for the MPF® program credit enhancement a PFI must differentiate the accounting for the CE Recourse Obligation amount – the maximum loss […]
Community Bank Leverage Ratio and the MPF Program
March 9, 2020 The Community Bank Leverage Ratio (“CBLR”) final rule was recently adopted by the federal banking agencies and became effective on January 1, 2020. The rule is optional […]
SEC Staff Accounting Bulletin 119 – CECL
On November 19, 2019, the SEC issued Staff Accounting Bulletin No. 119. In the words of the SEC, “the staff accounting bulletin updates portions of the interpretive guidance included in […]
Auto Loan Delinquencies
Auto Loan Delinquency Trends Steady Overall, Rising for Millennials Released June 2019 Andrew Van Dellen, Financial Analyst This white paper is part of a continuing series highlighting credit trends in […]
CECL and Capital at Risk [White Paper]
MGIC and Wilary Winn co-presented a webinar on CECL and Capital at Risk on May 8, 2019. The presentation focuses on ways to preserve capital in an economic downturn through […]
TDRs Under CECL [White Paper]
Released October 2018 The timeframe is fast approaching for the implementation of the new Current Expected Credit Loss (CECL) standard, beginning with the early adoption period in the start of […]
OCC Insights Regarding CECL Implementation [White Paper]
Released October 2018 The magnitude of the changes required by CECL have created uncertainty regarding how to implement it. The Office of the Comptroller of the Currency (“OCC”) updated its […]
CECL Resource Center
Our CECL Resource Center includes information on implementing the new standard, including the advantages and disadvantages of the modeling techniques that can be used and the data you should be […]
Making the Business Case for the CECL Approach – Part I [White Paper]
Released December 2016 Attend any recent or upcoming financial institution conference and you will find considerable discussion and debate about the new accounting guidance related to the Current Expected Credit […]