Peter Cherpack Published in American Banker

07/29/2016

Peter Cherpack, Executive VP and Senior Director of Credit Risk Process & Technology at Ardmore Banking Advisors, was published in the American Banker on Friday, July 29th.  

The article highlights the parallels between regulators' current warnings about monitoring and managing commercial real estate concentration and the same red flags that were raised in 2006 prior to the financial crisis.  Mr. Cherpack outlines banks' hesitation to adopt the risk management measures suggested by the regulators, including portfolio stress testing and concentration monitoring, which possibly contributed to the economic downturn, and how regulators are issuing the same warnings today.  

To read the complete article, please click here.