Working with Troubled Loans: Extensions, Deferments, Re-Aging, Refinancing & Incentives

Every financial institution needs a robust loan workout system to effectively manage today’s evolving loan portfolios.  This essential area is at the crossroads of service and regulatory scrutiny.  The current economy, as well as lack of proper planning, is putting many borrowers at risk and you are in a unique position to assist them.  Your team needs to understand the details of the borrower’s financial situation, the accurate condition and valuation of the property, internal policies and procedures, and the growing regulatory guidance in order to successfully maneuver through a modification.  Are you ready to help both the borrower and the credit union weather this storm?