Credit risk services for business lending and commercial and/or residential real estate lending are a specialty. For example:
(also known as Credit Audit) – A statistically valid sampling of the commercial (C&I), commercial real estate (CRE), asset-based (ABL), mortgage loans, and equipment finance credit files are reviewed. Included in the review are underwriting criteria and procedures, adherence to loan policy and credit approval authorities, risk ratings, evaluation of collateral, covenant compliance, and loan officer performance. The examination of the loan loss reserve is often a component of these reviews. The reviews should confirm the lender’s ratings for individual loans and for the portfolio as a whole. It can provide the lender with early warnings on individual loans based on updated information, and provide insight into market conditions and industry trends. An eDelta Principal will be in attendance at all Loan Reviews.