Tag: Disaster Management

Disaster Season Is Here: 10 Items That Banks Should Check

Preparing Your Bank for Disaster

This week marks the opening of both hurricane and wildfire season which means that you can not only wear white pants without social ridicule but should probably take a moment to review your disaster contingency plan no matter where you live. While last year was horrible regarding natural disasters, this year is predicted to be worse. This year expect to see more hurricanes, tornados, fires, earthquakes, flooding, plagues, volcanic activity and more of the Kardashians.

What A Disaster Looks Like on A Bank’s Portfolio

Unfortunately, the “triumvirate of hurricanes” – Houston, Florida and Puerto Rico have given banks a modern data set in which to model a widespread disaster scenario for their residential first trust deed credit portfolio.

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