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Commercial Loans: Workouts, Restructuring & Reducing Loan Losses

Mar 01 2:00 PM - Mar 01, 2023 3:30 PM
Mar 01, 2023 2:00 PM - 3:30 PM
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Between the pandemic and the economy, many commercial borrowers are feeling the pinch. Not only is it in your institution’s best interest to work with these troubled borrowers, regulators like it when you do. Join this webinar to learn more about the available options for each borrower’s situation.

Learning Objectives

  • Utilize the proper workout and restructuring techniques when dealing with troubled loans in various industries
  • Understand the key principles of prudent commercial real estate loan accommodations and workouts
  • Evaluate the alternatives in each situation – deferral, workout, forbearance, receivership, deed in lieu, marshalling of assets, repossession of personal property, and foreclosure on real property
  • Use the proper steps to accomplish each of these alternatives
  • Protect your institution from potential liability to your commercial borrowers

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.

Agenda

Speakers

Elizabeth Fast, JD, CPA, Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.

Location

Fees

$259.00 

Live and recorded webinar, handouts, quiz with answer key and training log are included.

Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

Webinar

Topics Covered

  • Compliance
  • Live Webinars
  • Lending & Collections