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Management of Distressed Credits

Management of Distressed Credits

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Management of Distressed Credits ...

$130.00 - Management of Distressed Credits - Non-Member

$0.00 - Management of Distressed Credits - Membership

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Module details:
Instructor Don Rothman, Partner, Riemer & Braunstein
We will be exploring the following topics at a level geared for loan officers who have not been through an economic downturn previously:
  • We will discuss what a workout actually is, and the different types of defaults and/or events that can cause a loan to be considered a "workout," particularly in the age of COVID-19.
  • We will discuss the basic steps to handling a workout, including due diligence, identifying the lender's goal/strategy, notices, forbearance and modification agreements and enforcement of rights.
  • We will cover some common pitfalls for loan officers to be aware of.
  • We will cover some basic rules to avoid lender liability.
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