by Brian Hague | Apr 8, 2024 | Economics, Enterprise Risk Management, Governance, Lending, Risk Management, Strategy
We once again find ourselves reversing our position on the overall direction of the economy for 2024, as the resilience of consumer activity drives surprisingly strong output growth that appears to be sustainable. That outlook is dashing hopes for Fed easing anytime...
by Brian Hague | Sep 22, 2023 | Economics, Enterprise Risk Management, Lending, Risk Management, Strategy
Our Q2 outlook called for an economic downturn commencing in 2024. However, based on the strength of more recent data, we are revising our forecast. It now appears that the Fed may succeed in engineering a soft landing, a feat that has eluded the central bank in the...
by Brian Hague | Sep 6, 2022 | Economics, Lending, Uncategorized
Those words, uttered by President George H. W. Bush in 1992, may be a harbinger of things to come, if the most recent home price data is any indication. After more than a year of widespread bubble-like increases in home prices across the U.S., the June data revealed...
by Scott Hood | Mar 31, 2020 | Economics, Enterprise Risk Management, Lending, Operational Risk Assessment, Regulatory, Risk Appetite Assessment, Risk Management, Strategy
Congress recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The Act has many provisions designed to help individuals, the health care system, health care providers, state and local governments, large corporations, medium-sized businesses,...
by Joe Karlin | Apr 14, 2017 | Lending
The “noise” in the auto lending arena has risen to the level of driving down the road at 70 miles per hour with all the windows down. Total auto loans have crossed the $1 trillion threshold, joining credit cards and student loans at that level. Delinquencies on...
by Joe Karlin | Nov 13, 2015 | Lending
Exploring member business lending (MBLs) during 2016 was one recurring priority I heard during this year’s planning season. As management discussed that proposition, without fail, angst would follow as the credit unions considered such a significant initiative. ...
