Collateralized lending field examination methods have changed little over the last decades. Typical exams rely on accounting analysis of the collateral entries and detailed evidence testing and physical verification of collateral. While these methods prove mostly sufficient the procedures are inefficient, time consuming for borrowers, and provide limited insights. CFC is one of the first audit firms to utilize CAPETM, an advanced analytics program built for collateral monitoring and providing new insights for field examiners and loan officers, streamlining the exam procedures and minimizing impact on borrowers.
