Commercial Lending Series:
Commercial Loan Workouts,
Restructuring & Loss Mitigation
(90-minute webinar – recording also available)
Wednesday, April 1, 2020
12:00 PM Pacific 1:00 PM Mountain
2:00 PM Central 3:00 PM Eastern
Do you understand the available options for dealing with troubled commercial loans? Learn the alternatives, risks, landmines, potential liability – and how to move forward with all types of troublesome commercial loans.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Evaluate the alternatives – workout, forbearance, receivership, deed in lieu, marshalling of assets, repossession of personal property, foreclosure on real property, taking control of intangible collateral, and deficiency judgment
- Protect your institution from potential liability
- Determine when IRS forms 1099-A and 1099-C must be issued
- Define what constitutes a troubled debt restructuring for reporting purposes
Commercial loan problems continue to trouble financial institutions. There are several alternatives to consider when dealing with troubled loans, including a workout, forbearance, receivership, deed in lieu, marshalling of assets, repossession of personal property collateral, foreclosure on real property collateral, taking control of intangibles, and deficiency judgments. Each alternative has a certain amount of risk exposure and making a mistake could result in losses that far exceed the loan amount. This webinar will cover all aspects of each alternative and the related risks. Understanding the proper steps for each scenario will help you properly evaluate which option is the best for your institution. You’ll also learn what constitutes a troubled debt restructuring for reporting purposes.
WHO SHOULD ATTEND?
This informative session is designed for loan collection staff (real estate and non-real estate loans), including loan officers, workout officers, loan operations personnel, collectors, attorneys, auditors, compliance officers, and managers.
- Interagency Supervisory Guidance Addressing Certain Issues Related to Troubled Debt Restructurings
- FFIEC’s Policy Statement on Prudent Commercial Real Estate Loan Workouts
- Employee training log
- Interactive quiz
MEET THE PRESENTER: 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. She is a member of the Missouri State Banking Board by appointment of the Governor.
Please note: The live webinar option allows you to have one internet connection (from a single computer terminal). You may have as many people as you like listen and watch from your office computer.
THREE REGISTRATION OPTIONS
Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.
- LIVE WEBINAR
The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that allows entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
- RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.
The recorded webinar may ONLY be ordered for 6 months following the live webinar. In addition, the download must be completed within 6 months of the live webinar date.
- BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Options 1 and 2 described above.
AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE