Due to the current pandemic, most community lenders will write off more loans than usual in the coming months. At the same time, lenders want to adjust their write-off policies and procedures due to the dire economic circumstances faced by their borrowers. How can you support your clients to survive the crisis while preserving your capital base to the best of your ability?
Join us and our guests Catherine Howard and Lea Salem of Community Vision. Learn best practices in closing out loans during this crisis.
- Portfolio Assessment
- Default Policy Adjustment
- Loan Loss Reserve Analysis
- Capitalization Loss Strategies
- Write-Off Procedures
- Accounting Steps
- Collections Options