Journal of Commercial Lending

Articles from Vol. 75, No. 10, June

Credit Quality and the Lender-Initiated Credit Risk-Rating System
At the time of loan approval, the credit risk of a borrower is at a minimum. The initial underwriting and approval process is designed to screen out unacceptable credit risks and to prevent the approval of less than desirable loans. Over time, however,...
Fair Lending Laws: Preparing for Compliance and Examination
A bank's satisfactory compliance with fair lending laws is determined initially by the bank regulatory examination process. All federal bank regulatory agencies (Federal Reserve Board, Office of the Comptroller of the Currency, Office of Thrift Supervision,...
Interest Rate Swaps: A Derivative Product for Portfolio Management
Interest rate swaps have become an important tool for asset/liability managers to reduce overall sensitivity to changes in interest rates. Swaps are also increasingly used by bank corporate customers. According to Salomon Brothers, money center bank...
Is the Sun Setting on the West Coast Economy?
The West Coast economy has been hit by a number of adverse factors in the past few years: unemployment, problems in commercial real estate, defense cutbacks, a series of natural and social calamities, and the recession that gripped the entire nation...
Lending to the Solid Waste Disposal Industry
The solid waste disposal industry may seem to be an unattractive source of lending opportunities for bankers; its borrowers represent a line of business that is far from the most glamorous industry that can seek bank financing, and a host of environmental...
Measuring and Controlling Risk
The principles of portfolio management have been around for a long time, whether they were applied by the Rothschilds, the Medici, or the money lenders of biblical times. Yet if one pauses to appraise our industry's experiences during recent years, it...
Productivity and Profits during Periods of Slow Growth
Most economists agree that macroeconomic factors will continue to depress the demand for commercial loans for the next five years. Moreover, the outlook for the economy is that it is unlikely to return soon to the fevered pitch of the past decade. Many...