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Council conference to explore lending in stressed economy
MADISON, Wis. (7/27/09)--Lending practices and strategies to deal with the challenges created by the current economic crisis will be addressed at the 15th Annual CUNA Lending Council Conference, Nov. 1-4 in San Diego. Participants can lean how to turn today’s challenges into tomorrow’s successes during “Earning Your Way Out,” a breakout session that will indicate the strategic and financial opportunities available to credit unions--especially in mortgage lending and housing finance. The “Lending to the Newly Credit Impaired” panel will explore the challenges and opportunities to this growing category of Americans. The panel will offer best practices for combining evaluation of members’ character and historical experience with their current credit situation. The session also will address needed risk-assessment measures for lending to borrowers, and reveal some of the most current tools for assessing credit history and credit trends. “The roller coaster ride of the past year has been enough to turn anyone’s stomach, so we’re focusing this conference on smart lending practices to help credit union professionals turn the corner and stress less,” said Bill Vogeny, co-chair of the council’s conference committee and senior vice president and chief financial officer for Ent FCU in Colorado Springs, Colo. Other conference sessions will discuss issues to help lending professionals succeed in current market conditions. They include:
* Importance of loan review; * Loan fraud in the new economy; * Regulatory compliance for 2010; * Effective consumer loan portfolio management; * Loan growth best-practices panel; * State of the auto-lending industry; and * Finance 101 for lenders.
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