Search Results
Conference Paper
A bank regulator's view of retail lending
Journal Article
Agricultural lending: what have we learned?
Newsletter
China up close: understanding the Chinese economy and financial system (special issue)
In March 2007, the authors paid a weeklong visit to Beijing and Shanghai, China. In this article, they summarize some of the most striking impressions from their visit concerning the Chinese economy and financial system.
Journal Article
The relationship between loan classifications and losses : the effects of a changing economy
The agriculture and energy sectors suffered dramatic declines during the 1980s in the Tenth Federal Reserve District. Bank asset quality also declined during this time period, particularly for farm banks. Using information on loan classifications and charge-offs, this study traces classified loans over time to determine their subsequent performance. ; This study found that examiners were able to identify a majority of the problem credits prior to charge-off. Additionally, examiners were able to distinguish the relative riskiness of problem credits. Economic conditions were found to have a ...
Journal Article
FDICIA : where did it come from and where will it take us?
The purpose of the Federal Deposit Insurance Corporation Improvement Act of 1991 was to provide additional resources to the Bank Insurance Fund and reduce the cost and likelihood of future failures. While the Act does accomplish these objectives, the changes it makes to bank supervision have the potential to affect banking's traditional safety net. ; This article discusses three provisions contained in FDICIA that could affect financial stability: prompt corrective action, least cost resolution, and liquidity support for troubled banks. While these provisions attempt to reduce the risky ...
Working Paper
The Roles of Alternative Data and Machine Learning in Fintech Lending: Evidence from the LendingClub Consumer Platform
Supersedes Working Paper 17-17. Fintech has been playing an increasing role in shaping financial and banking landscapes. There have been concerns about the use of alternative data sources by fintech lenders and the impact on financial inclusion. We compare loans made by a large fintech lender and similar loans that were originated through traditional banking channels. Specifically, we use account-level data from LendingClub and Y-14M data reported by bank holding companies with total assets of $50 billion or more. We find a high correlation with interest rate spreads, LendingClub rating ...
Journal Article
Meeting the challenges : community bankers' views
Dramatic changes are occurring in our financial system and the pace of change is increasing. These changes provide opportunities for community bankers, but they also create new challenges. To explore how community banks will respond to these challenges, we asked Tenth District community bankers for their views on how their banks will be affected over the next five years. ; Our survey focused on four broad areas--bank and nonbank competition, operational matters, ownership and human resource concerns, and banking regulation's impact. In the first area, survey respondents expect to face strong ...