5/18/20 9:49 AM
5/6/20 1:43 PM
The implementation of Current Expected Credit Loss (CECL) in 2020 has been highly anticipated. The new accounting standard should make financial statements better reflect the underlying economics.
However, with a COVID-19 induced recession, there have been talks of delaying its enactment.
In this white paper, Summit Consulting summarizes the accounting elections and provides insights into how to manage accounting volatility due to an uncertain economic outlook.
3/10/20 2:56 PM
Summit just released my newest white paper: Key Changes to USDA Credit Programs in the 2018 Farm Bill.
I highlight Farm Bill changes to loan programs that (among other impacts) make it easier for new farmers to buy farms, assist disadvantaged farmers in passing farms from generation to generation, and accelerate the deployment of broadband in rural America.
4/16/18 10:19 AM
Today, Summit Director Frank Vetrano released his newest white paper on credit risk transfers (CRTs) at the Federal Housing Administration (FHA). In the paper, “Will Risk Transfer Work at FHA?”, he answers key questions about CRTs.
11/29/17 11:45 AM
This week, Summit released a new white paper focusing on how the federal government can better fund infrastructure programs.
8/23/17 4:08 PM
This week, Summit released a new white paper on using analytics to combat discrimination in housing.
I recently published a white paper discussing risk and credit subsidy estimation best practices. These best practices were learned from serving Federal Credit offices over the last 15 years, particularly since the re-release of OMB Circular A-129.
6/19/17 2:31 PM
5/4/17 11:30 AM
When times are good and delinquency rates are low, it's easy to ignore the tools at our disposal to help keep borrowers current on their mortgages and in their homes.
Today, Summit Principal Anthony Curcio published a white paper on concentration risk and federal lending programs. Titled “Should Federal Lending Programs Mitigate Concentration Risk?” the paper dives into what concentration risk is, how it is mitigated in the private sector, and how it relates to federal lending programs.