Event Calendar

Wednesday, March 1, 2023

Webinar - Commercial Loans: Workouts, Restructuring & Reducing Loan Losses

Start Date: 3/1/2023 9:00 AM MST
End Date: 3/1/2023 10:30 AM MST

Location:
United States 

Recent economic conditions and the continuing effects of the COVID pandemic have adversely affected the financial condition and repayment capacity of many commercial borrowers in various industries. Regulators encourage financial institutions to work prudently and constructively with creditworthy borrowers during these times of financial stress. This webinar will explain the alternatives your institution should consider when dealing with troubled loans, including deferrals, workouts, forbearances, receiverships, deeds in lieu, marshalling of assets, repossessions of personal property, and foreclosures on real property collateral.  By understanding the proper steps for each scenario, you will be able to properly evaluate the best alternative.  This webinar also will review the recent proposed updates to the Interagency Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts. This session will cover both personal property and real property collateral.


 

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