by Brian Pillmore | Feb 16, 2023 | Brian's Blog
Estimated reading time: 2 minutes I bet it ties back to 1 thing: People. There are some industries where people buy on a whim with just a little knowledge about the product.Finance & Banking – Not so much. In theory, they aren’t complicated industries…...
by Brian Pillmore | Feb 14, 2023 | Brian's Blog
Estimated reading time: 2 minutes Because for the first time in 15 years — you HAVE to. A risk continuum has to do with the interest rates that a bank charges, but before we dive deeper, you need to understand some called the “index” rate, or the “risk-free” rate.To...
by Brian Pillmore | Feb 14, 2023 | Brian's Blog
Estimated reading time: 2 minutes In a sea of green paper, you have to find a way for your bank to stand out. Let me tell you about a man we’ll call Matt who found his unfair advantage in an industry with far less room to stand out than banking — Building metal...
by Ken Chase | Feb 14, 2023 | Banks, News
Estimated reading time: 2 minutes The Federal Reserve Board of Governors has announced the various scenarios it will use for its 2023 bank stress test. The test is an annual assessment designed to ensure that the nation’s banks have the resilience needed to meet the...
by Brian Pillmore | Feb 10, 2023 | Brian's Blog
Estimated reading time: 2 minutes This is the most well-predicted recession, not just in a long time, but possibly ever. Lenders aren’t making the same mistakes as they did prior to the great recession. Loans are well collateralized.Appraisals are...
