The economic and political environment that we find ourselves living in today is fertile ground for increased government oversight and ever more assertive regulators. Our economy’s anemic recovery has resulted …
FASB-Ken Shilson
Financial Accounting Standards Board (FASB) issues new requirements for determining credit loss reserves. Given the broad scope of this new guidance both financial and non-financial entities will be affected. “The …
The Re-Emergence of the Debt Sales Market
In the mid-to-late 1980’s, U.S. consumer debt sales gained a lot of momentum as the three core constituents realized the practice was a win-win-win: Creditors (mostly banks) were able to …
Uncertainty Increases Risk
How has the regulatory climate affected your appetite to provide financing to businesses that purchase or originate debt in the charge off or subprime markets? We haven’t changed our view …