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Based on the interim final rule released on 5/22/2020, Banks are to make a decision on whether to fully approve or partially approve the amount requested by the borrower to be forgiven. Has anyone created an internal approval document that they would ...

​Hi, I wanted to see how others are handling the PPP, Main Street Lending, and the LIBOR Transition within their new products process.  Regarding the PPP, we are struggling to complete a risk assessment due to the continuous changes, which is also ...

Long-time RMA member Tobin Armstrong, who is our CECL expert, crafted the response below, a much better response than I could: We are 2023 filers but are on track to be CECL compliant in 2021. We started running our CECL Model in parallel with our ...