November 4, 2015 •Anthony Curcio
Today, I spoke at the National Association of Government Guaranteed Lenders (NAGGL) Annual Conference on Small Business Lending. As part of my presentation, I addressed common questions surrounding (1) how Federal Credit programs are scored in the Federal budget and (2) the potential impact of Fair Value Accounting and mark-to-market accounting on credit subsidy estimation, if adopted. In my role as an expert practitioner, I have been speaking to Federal lending leaders about these potential impacts as well as engaging Summit's modeling and estimation teams in scenario analysis.
In the same session, we also heard from Linda Rusche, Director of the Office of Credit Risk Management (OCRM) at the U.S. Small Business Administration (SBA). She is laser focused on managing risk, monitoring lenders, and enforcing requirements for SBA’s 7(a) and 504 programs and did a great job communicating the agency's priorities.
See Summit’s Federal Credit Modeling & Forecasting Knowledge Base for a deeper exploration of Fair Value Accounting and Federal Credit.
Also see previous Summit Blog posts on these topics:
- Is Fair Value for Federal Credit in the Future?
- Fair Value Accounting Is a Hot Topic in Federal Credit
- Tight Budgets Require State-of-the-Art Federal Credit Monitoring
- The Data Act and Early Efforts for Government Transparency
- Market Discount Rates & Reforms to Federal Credit Monitoring
To learn more about Summit’s Federal Credit Modeling and Forecasting services, click here.
