Commercial Lending Series: Commercial Loan Workouts, Restructuring & Loss Mitigation
Date/Time
Date(s) - 04/01/2020
2:00 pm - 3:30 pm
Categories
Commercial Lending Series: Commercial Loan Workouts, Restructuring & Loss Mitigation
WEBINAR DETAILS
Commercial loan problems continue to trouble financial institutions. There are several alternatives to consider when dealing with troubled loans, including a workout, forbearance, receivership, deed in lieu, marshalling of assets, repossession of personal property collateral, foreclosure on real property collateral, taking control of intangibles, and deficiency judgments. Each alternative has a certain amount of risk exposure and making a mistake could result in losses that far exceed the loan amount. This webinar will cover all aspects of each alternative and the related risks. Understanding the proper steps for each scenario will help you properly evaluate which option is the best for your institution. You’ll also learn what constitutes a troubled debt restructuring for reporting purposes.
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session is designed for loan collection staff (real estate and non-real estate loans), including loan officers, workout officers, loan operations personnel, collectors, attorneys, auditors, compliance officers, and managers.