Pub. 21 2024 Issue 1

New Mexico Banks Receive $19,926 in Distributions from American Bankers Mutual Insurance Ltd. American Bankers Mutual Insurance Ltd., the reinsurer for the insurance program co-endorsed by the American Bankers Association (ABA) and the New Mexico Bankers Association (NMBA), declared a $3.5 million distribution to be shared by qualified ABA member banks insured through ABA Insurance […]

Financial institutions need to recognize that change is necessary for how they tackle managing liquidity and interest rate risks. Financial institutions are facing headwinds on account of burgeoning non-performing assets, corporate malfeasance, a slowdown in the economy and a mismatch between the maturity profile of assets and liabilities. Severe liquidity strains caused the failure of

We have clearly moved in a direction where profit is prioritized far above quality and safety in virtually every realm of society. To begin, let’s do a quick thought exercise. Think about all of the services that you patronize — whether by choice or necessity — products that you purchase and industries you interact with on

The New Mexico Mortgage Finance Authority (MFA) announced its 2023 Top Mortgage Lender Award recipients as part of its annual lender recognition program. John Gabaldon with Waterstone Mortgage Corporation in Albuquerque received the first-ever Housing New Mexico Achievement Award, which is presented to mortgage originators that produce 100 or more MFA loans in a year.

With adequate stress testing, you can prepare your bank for whatever potential risks may be in your portfolio and how they impact liquidity and capital. In the complex world of banking, scenario-based stress tests provide a familiar framework for risk assessment. However, amidst today’s higher interest rates and the ever-changing economy, pinpointing the scenario that

If the Fed’s Reg II proposal moves ahead, the very largest retailers will pocket that surplus to pad their bottom line — and consumers won’t see a penny of it. In 2010, the Durbin Amendment was dropped into Dodd-Frank in the dead of night, and without so much as a hearing, the government imposed restrictions and