If you have not had the privilege of spending time with 7, 8 and 9 year-olds lately, you are missing out! I taught the first two segments of the Junior Achievement Program for 2nd graders:
'How many of you would like to start a business when you grow up?'I did not get quite as many raised hands as I did for: 'How many of you would like to be rich?'Then
In the last post on 'Fear and Greed', I suggested you help your business borrowers 'stress test' their business. This takes a page from the practice of stress testing your loan portfolio.Lender's Online Library Unless
Our economy goes in cycles. If this is your first economic down-turn as a business lender, some perspective as to how to do business 'not-as-usual' might help.I really like the title of this blog post,
Mortgage LoansIn evaluating a mortgage loan applicant's ability to pay, many lenders use the Fannie Mae guideline of around 33% of pre-tax income. If you need to be able to sell the loan, industry guidelines
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