What You'll Learn
This webinar details specific strategies for troubled credits. Participants will gain an understanding of problem loan identification and possible courses of action stemming therefrom. It starts with determining the current situation and walks through a logical framework to develop an action plan. This webinar is designed for credit professionals, lenders, and risk managers seeking to deepen their workout skills. Remember – the next recession is a “when”, not an “if”.
Topics covered in this course
Where are we and how did we get here?
- Identify a Troubled Credit
- Fact-Finding
- File Review
- Postmortem on Original Underwriting
- Risk Rating
Where do we want to go?
- Retain
- Exit
How do we get there? (Retain)
- Rehabilitation
- Forbearance
- Debt Restructure
- Dealing with Covenant Violations
How do we get there? (Exit)
- Refinance by another lender
- Pursuing Collateral: Liquidation
- Pursuing Guarantors
- Foreclosure & Mortgagee-in-Possession
- Deed-in-Lieu
- Loan Sale
Watch Credit Report
Real-Life Examples
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
About the Author:
Joe Davis has been in the banking industry for over 25 years, primarily in commercial credit and lending roles, including serving as Chief Credit Officer of a $1.2 billion community bank. Joe has extensive knowledge of credit analysis, portfolio monitoring, and risk management. Joe earned an MBA from University of Michigan-Flint, a BA in Economics from Michigan State University, and completed the Graduate School of Banking at Colorado.
You Might Also Like
On-Demand Course
Cash Flow Analysis Essentials
On-Demand Course
This presentation will explore various cash flow techniques as they apply to a wide-range of business scenarios and address the underlying drivers of cash flow. The cash flow models will include both business and personal (business owner) applications. The business cash flow section will include ...
Instructor: David Osburn
299.00
Order Today
Role: Lending/Mortgage
299.00
Order Today
On-Demand Course
Residential Real Estate Valuation
On-Demand Course
The regulatory developments in real estate evaluations and AVMs reflect a concerted effort to enhance the accuracy, fairness, and transparency of property valuations. These changes are expected to benefit both consumers and financial institutions by promoting a more reliable and equitable mortgag...
Instructor: Maureen Carollo
299.00
Order Today
Role: Lending/Mortgage
299.00
Order Today
On-Demand Course
The Complete Real Estate Closing Checklist
On-Demand Course
Many individuals involved in commercial loan transactions never fully understand all the steps and details that go into closing a complex commercial real estate loan transaction. This live webinar will provide an overview of the entire process required for commercial real estate loan transaction ...
Instructor: Jodi Henninger
299.00
Order Today
Role: Lending/Mortgage
299.00
Order Today
On-Demand Course
UDAAP/ Junk Fees
On-Demand Course
Everyone in the banking industry has seen the continued changes in regulatory agencies with the new Administration and the apparent shift in focus on consumer protections. What does this mean for the long-time focus on UDAAP and what the CFPB previously called “junk fees”? We didn’t just walk aw...
Instructor: Maureen Carollo
299.00
Order Today
Role: Lending/Mortgage
299.00
Order Today