Strategies for Troubled Credits
About This Course
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.
Your Instructor
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.
This course is covered under team memberships.
See Team Memberships