This document discusses the need for enhanced small business loan data collection. Currently, data is limited and does not include important demographic details about small business owners. The Dodd-Frank Act requires expanded data collection through Section 1071 to better identify credit needs, enforce fair lending laws, and help direct resources. The expanded data mandated by Dodd-Frank will include race, gender, business revenue size, loan details, and census tract information, helping analysts better assess if credit needs are being met for various small business owner groups.
NCRC and expert consultants, Elizabeth Green and Peter Vidi discuss the role of valuation in the servicing, REO and foreclosure process, and the limitations associated with automated valuation models.
NCRC and expert consultants, Elizabeth Green and Peter Vidi discuss the role of valuation in the servicing, REO and foreclosure process, and the limitations associated with automated valuation models.
Interested in how Chapel Hill and Carrboro are performing as a community? Want to learn about how we stack up in retail spending, adult health, and air quality compared to the Triangle and state? The report is the only one of its kind in the community; it tracks the well-being of Chapel Hill-Carrboro along social, economic, and environmental indicators.
The Chapel Hill-Carrboro Chamber of Commerce compiles and presents this data and the event was sponsored by Triangle Community Foundation, WCHL, Greater Chapel Hill Association of REALTORS, Harrington Bank, The UPS Store, Carolina Meadows, and The Design Response.
Financing Small Enterprises: What Role for Microfinance Institutions?CGAP
The objective of this CGAP survey is to better understand the current and potential role of microfinance institutions (MFIs) with regards to serving and financing small enterprises.
Interested in how Chapel Hill and Carrboro are performing as a community? Want to learn about how we stack up in retail spending, adult health, and air quality compared to the Triangle and state? The report is the only one of its kind in the community; it tracks the well-being of Chapel Hill-Carrboro along social, economic, and environmental indicators.
The Chapel Hill-Carrboro Chamber of Commerce compiles and presents this data and the event was sponsored by Triangle Community Foundation, WCHL, Greater Chapel Hill Association of REALTORS, Harrington Bank, The UPS Store, Carolina Meadows, and The Design Response.
Financing Small Enterprises: What Role for Microfinance Institutions?CGAP
The objective of this CGAP survey is to better understand the current and potential role of microfinance institutions (MFIs) with regards to serving and financing small enterprises.
ys jagan mohan reddy political career, Biography.pdfVoterMood
Yeduguri Sandinti Jagan Mohan Reddy, often referred to as Y.S. Jagan Mohan Reddy, is an Indian politician who currently serves as the Chief Minister of the state of Andhra Pradesh. He was born on December 21, 1972, in Pulivendula, Andhra Pradesh, to Yeduguri Sandinti Rajasekhara Reddy (popularly known as YSR), a former Chief Minister of Andhra Pradesh, and Y.S. Vijayamma.
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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Future Of Fintech In India | Evolution Of Fintech In IndiaTheUnitedIndian
Navigating the Future of Fintech in India: Insights into how AI, blockchain, and digital payments are driving unprecedented growth in India's fintech industry, redefining financial services and accessibility.
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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In a May 9, 2024 paper, Juri Opitz from the University of Zurich, along with Shira Wein and Nathan Schneider form Georgetown University, discussed the importance of linguistic expertise in natural language processing (NLP) in an era dominated by large language models (LLMs).
The authors explained that while machine translation (MT) previously relied heavily on linguists, the landscape has shifted. “Linguistics is no longer front and center in the way we build NLP systems,” they said. With the emergence of LLMs, which can generate fluent text without the need for specialized modules to handle grammar or semantic coherence, the need for linguistic expertise in NLP is being questioned.
27052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
हम आग्रह करते हैं कि जो भी सत्ता में आए, वह संविधान का पालन करे, उसकी रक्षा करे और उसे बनाए रखे।" प्रस्ताव में कुल तीन प्रमुख हस्तक्षेप और उनके तंत्र भी प्रस्तुत किए गए। पहला हस्तक्षेप स्वतंत्र मीडिया को प्रोत्साहित करके, वास्तविकता पर आधारित काउंटर नैरेटिव का निर्माण करके और सत्तारूढ़ सरकार द्वारा नियोजित मनोवैज्ञानिक हेरफेर की रणनीति का मुकाबला करके लोगों द्वारा निर्धारित कथा को बनाए रखना और उस पर कार्यकरना था।
Welcome to the new Mizzima Weekly !
Mizzima Media Group is pleased to announce the relaunch of Mizzima Weekly. Mizzima is dedicated to helping our readers and viewers keep up to date on the latest developments in Myanmar and related to Myanmar by offering analysis and insight into the subjects that matter. Our websites and our social media channels provide readers and viewers with up-to-the-minute and up-to-date news, which we don’t necessarily need to replicate in our Mizzima Weekly magazine. But where we see a gap is in providing more analysis, insight and in-depth coverage of Myanmar, that is of particular interest to a range of readers.
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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role of women and girls in various terror groupssadiakorobi2
Women have three distinct types of involvement: direct involvement in terrorist acts; enabling of others to commit such acts; and facilitating the disengagement of others from violent or extremist groups.
2. Creating Jobs in Our Neighborhoods!
Josh Silver, Vice President of Research and Policy, NCRC
April 20, 2012
3. Creating Jobs in Our Neighborhoods!
Power and Limitations of Current Small Business Data!
• Case Study – Comprehensive Study on Access to Credit and Capital
for the Appalachian Regional Commission!
!
• Power of Data – Can Identify Geographical Areas Served and Gaps!
!
• Limitations – Limited Demographic Data on Small Businesses!
!
• Limitations on Demand Analysis for Loans or Ability of Small
Businesses to Qualify for Loans!
!
• Dodd-Frank Requirements to Enhance the Data!
!
• Objective – Increase Access to Responsible Credit by Holding
Financial Institutions Accountable!
!
4. Creating Jobs in Our Neighborhoods!
Objectives of Study of ARC Study
!
• Measure access to credit and capital for small businesses. Compare US to
Appalachia and categories of counties and sub-regions within Appalachia
• Supply of loans and investments by banks, CDFIs, equity funds, RLFs, and
other institutions
• CRA small business lending, SBA 7a, SBA 504, microloan program, CDFI
lending
• Distribution of banks, credit unions, CDFI and other institutions in Appalachia
• Explore relationships between access to credit and distribution of lenders,
concentration levels, branches
• Spatial autocorrelation, mapping, county index, demand analysis
!
5. 2007
2010
0%
20%
40%
60%
80%
61.6%
United
States
19.5%
50.3%
Appalachian
Region
16.2%
55.5%
Northern
Appalachia
19.4%
46.2%
North
Central
Appalachia
15.8%
33.3%
Central
Appalachia
11.1%
50.9%
South
Central
Appalachia
15.7%
50.0%
Southern
Appalachia
14.8%
6.
7. Creating Jobs in Our Neighborhoods!
Credit Card Small Business Lending!
• Identify credit card small business loan specialists – large institutions
typically, but do data limitations impede analysis?
• Hypothesis: more credit card lending in disadvantaged counties with
less creditworthy small businesses and less access overall to loans.
• Is credit card lending correlated (neg. or pos.) with overall small
business lending?
• Anomalies occur: large market share in attainment counties
• Market share increased in distressed counties !
!
8.
9.
10. Creating Jobs in Our Neighborhoods!
SBA Lending!
• 7a and 504 not targeting disadvantaged counties
• Microloan program is better at targeting, but smaller than
7a
• Access for minorities for 7a is better than access for
females – females not being targeted in disadvantaged
counties
• Important: Publicly available data by race/ethnicity and
gender for SBA lending but not for CRA lending
!
!
11. Creating Jobs in Our Neighborhoods!
Current Small Business Loan Data!
• Disclosed as part of the CRA regulations!
• For aggregate, disclosure by census tract!
• For individual lenders, disclosure by income category of
tract!
• Dollar size of loans in categories!
• Two revenue size categories – above and below $1 million
in revenues!
• Revenue size not disclosed if revenue of small business
not used in decision!
• That s about it…useful but quite limited!
!
12. Creating Jobs in Our Neighborhoods!
Section 1071 – Small Business Loan
Collection – Dodd Frank!
The purpose of this section is to facilitate enforcement of fair
lending laws and enable communities, governmental
entities, and creditors to identify business and community
development needs and opportunities of women-owned,
minority-owned, and small businesses.!
!
13. Creating Jobs in our Neighborhoods!
Dodd-Frank Section 1071 - !
• Open ended on which institutions required to
report, can include non-banks!
• CFPB will have discretion to decide which
institutions will have exemption from reporting!
• Big deal in Appalachia – mid size banks ($250 to
$1 billion), but they are just voluntary reporters…
don t know yet how much of the loan data is from
mid-size banks. Our previous report for ARC in
2007 found significant role for mid-size banks
before their data reporting requirement was deleted.!
!
14. Creating Jobs in Our Neighborhoods!
Dodd-Frank Section 1071 – Small Business
Loan Data!
• Demographics – Race and gender of the small business
owner, revenue size of business; census tract!
• Type and purpose of loan – Possibilities are credit card,
origination, refinance, govt. guaranteed!
• Action taken on application; amount of credit limit approved!
• Data availability – must retained for three years and made
available in form prescribed by the CFPB!
• Discretion for CFPB – to add data elements which fulfill
purposes of Sec1071 or delete elements to protect privacy
of borrowers!
!
!
15. Creating Jobs in Our Neighborhoods!
Enhancements to Small Business Data Critical!
• Assess if credit needs are being met for various demographic
categories of small businesses & identify missed business opportunities!
• Better enforce fair lending laws!
• Enhance studies like ARC that seek to identify if private sector and
public sector programs are meeting needs and direct actors to
addressing gaps in access!
!
• Next generation of small business data – include information like
creditworthiness like new HMDA data; collateral like LTV for new HMDA
data?!
!
16. THANK YOU!!
To follow up with the speaker:!
Josh Silver, Vice President of Research and Policy, NCRC!
202-464-2708 or jsilver@ncrc.org!
Presentations will be available at www.ncrc.org/conference by !
April 30, 2012!