Wednesday, August 05, 2020
Sample Image Photo Credit: Dmitriy Rybin / shutterstock.com

As you already know, the president declared a National Emergency on March 13, 2020 due to the COVID-19 pandemic. Even after several months, this remains a unique and challenging situation that continues to cause business disruptions affecting banks, borrowers, and the economy alike. As a recap, here are some of the more major changes impacting the lending environment which are still important as we strive to move forward.

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Yvonna Coyne, CCBCO

Manager, Lending Audit Team

Yvonna Coyne is a seasoned loan operations and compliance professional with over 20 years of experience in the banking industry. Ms. Coyne supervises the Firm’s Lending Audit Team and is involved in all aspects of lending audits, including developing and updating audit scopes for lending reviews (residential, commercial and industrial, construction, SBA, etc.), planning, coordination and scheduling, managing staff, onsite fieldwork, training, and creating customized lending programs. Prior to joining acxell, she held management positions at several financial institutions in New Jersey. Ms. Coyne is a Certified Community Bank Compliance Officer (CCBCO) and a graduate of Kean University, where she earned a Bachelor of Science degree in Business Administration.



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COVID-19’s Impact on Loan Modifications and Past Due Reporting