Recorded: January 8, 2014
Length: 60 Minutes
Attend this webinar to learn how to better manage "problem loans" and protect the rights of your bank in today's challenging economy!
The webinar will begin with a brief review of the borrower's business structure, the six (6) elements of proper loan structure, and the four (4) aspects of adequate loan support.
The session will then focus on what happens when a "good" loan turns "bad" i.e. the market has turned down, tenants have left, and the payments are now delinquent. In other words, what should the bank do and not do at this point in time?
This question will be addressed through a review of the "practical steps" that the bank should take in order to protect itself including negotiating payments, restructuring the loan, repossessing or foreclosing on the collateral, filing a law suit, forcing the borrower into bankruptcy and/or simply "walking away." This section will also examine the "outside" influence from the banking regulators.
The concepts in the webinar will be summarized through several "what-if" scenarios.
- Explore the management of problem loans
- Review business structure, loan structure, and loan support
- Face the reality that some loans go bad!
- Determine the bank's strategy in protecting itself through negotiating payments, restructuring the loan, repossessing or foreclosing on the collateral, filing a law suit, forcing the borrower into bankruptcy and/or walking away
- Assess "outside" influence by the banking regulators
- Apply the concepts through several "what-if" scenarios
Commercial lenders, credit analysts, loan documentation specialists, branch managers, assistant branch managers, private bankers, and business development officers
Speaker: David Osbourn
1 CPE Credit
Program Level: Basic-Intermediate