Read this article: Government Shutdown Halts SBA 7(a) Lending & Secondary Market Activity
SBA lending impacted as government shutdown begins
Read this article: Mid-Year ALM Risk Check: Aligning with NCUA’s 2025 Supervisory Priorities
Credit unions that incorporate mid-year performance data into their ALM oversight, update modeling assumptions, and ensure active board engagement will be better positioned to maintain effective balance sheet management through the remainder of 2025.
Read this article: FASB Takes Steps to Eliminate Day 1 Double Count
Proposed accounting standard update would eliminate CECL double count
Read this article: Small Business Administration (SBA) in Transition
A brief look at 2025 policy reform, structural changes, and strategic refocusing in the SBA
Read this article: CECL Back-testing Results
Wilary Winn’s CECL model back-testing shows highly predictive results
Read this article: Record Year for Credit Union-Bank Deals in 2024
2024 was a record-breaking year for announcements of whole-bank acquisitions by credit unions.
Read this article: FHFA’s Guidelines for Enterprises: Risk Management and Valuation of Mortgage Servicing Rights (MSRs)
In January 2023, the FHFA directed Fannie Mae and Freddie Mac to establish and implement risk management policies and procedures for monitoring and valuing MSRs held by their seller/servicers.
Read this article: Mortgage Servicing Right (MSR) Value: The Impact of Float Income
A lesser-known driver of the increase in recent MSR values relates to earnings from float income.
Read this article: Mortgage Rates Fuel Rise in Mortgage Servicing Right (MSR) Values
The rise in mortgage rates that occurred in 2022 has led to a significant increase in the value of mortgage servicing rights (“MSRs”). However, the increases are not spread evenly across all vintages.
Read this article: Wilary Winn in the Wall Street Journal
Frank Wilary, Principal at Wilary Winn, recently spoke to the Wall Street Journal for their July 6, 2023, article discussing the impacts of rising interest rates on U.S. banks. Download…