Sentences with phrase «loan loss reserves»

And keep in mind that these potential losses come at a time when banks have put aside loan loss reserves to cover just 1.4 % of their lending portfolio, their lowest in years.

«Overall, expectations remain reasonably low, thanks to the challenge of low interest rates and capital markets weakness, additional loan loss reserve build and myriad fourth quarter clean up actions,» Credit Suisse analysts led by Susan Katzke said in a note Tuesday.

A 2012 PCAOB inspection report of KPMG deficiencies cited its failures to question management judgment, including failure to test management's assumptions on loan loss reserves.

In this case, the SEC accused Capital One of using loan loss reserve estimates from October 2006 through the third quarter of 2007 to understate the financial firm's auto loan losses.

In May, the PCAOB disclosed that E&Y had failed to make sufficient efforts to address previous PCAOB criticisms, which included, among others, «apparent failure to appropriately challenge management» and failure to test loan loss reserves.

Unfortunately, ROE is highly dependent on absolute yields, yield spreads, maintaining adequate loan loss reserves, and the amount of leverage used.

It doesn't take an expert in risk modeling to recognize that expected losses over the last few years were widely overstated, leading to loan loss reserve releases quarter after quarter.

Specifically, grants from the California Endowment, JP Morgan and the federal Healthy Food Financing Initiative created a $ 7.5 million loan loss reserve, which protects senior lenders in FreshWork's debt facility.

This should have been a red flag to Capital One's audit firm at the end of 2006 that the loan loss reserves in the auto portfolio needed to increase.

Even so, new delinquencies continue to accelerate faster than loan loss reserves.

Franchise fee revenue could provide a loan loss reserve for an energy efficiency financing program like PACE, leveraging millions of dollars in private, low - risk loans for improving the energy use of local properties.

«Despite Fisker's difficulties, our overall loan portfolio of more than 30 projects continues to perform very well, and more than 90 percent of the $ 10 billion loan loss reserve that Congress set aside for these programs remains intact.»

Managed the loan loss reserve (LLR), troubled debt restructuring (TDR), and real estate owned (REO) processes for Multifamily loans, including key controls, journal entries, reconciliations, analytics, reporting, and audit requests