New Proposed Regulatory Policy on CRE Loan Accommodations & Workouts

Do you know about the proposed update to the Interagency Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts? What is in the statement? How will the proposed changes affect CRE loan workouts? Should institutions be preparing now? If so, how? Get answers to these and many other questions during this timely session.

After This Webinar You’ll Be Able To:

  • Understand the changes proposed by regulators and how to implement them
  • Employ the key principles of prudent CRE loan accommodations and workouts
  • Explain what constitutes a troubled debt restructuring for reporting purposes
  • Take the proper steps to avoid criticism from your regulators even if your CRE loans are adversely classified
  • Protect your institution from potential liability to commercial borrowers

Webinar Details
On August 2, 2022, the FDIC, OCC, and NCUA proposed changes and updates to the existing Interagency Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts.

The COVID pandemic led to financial distress across several CRE property types, especially the hospitality, office, retail, and entertainment industries. In addition, rising interest rates, inflationary pressures, and labor challenges could adversely affect the financial condition and repayment capacity of commercial borrowers in various other industries. This new proposed policy statement reaffirms certain key principles which require financial institutions to work prudently and constructively with creditworthy borrowers during times of financial stress, and it adds new provisions on short-term loan accommodations, changes in the accounting rules for reporting and estimating loan losses, and new helpful examples of CRE loan workouts. This webinar will explain all of the proposed changes and updates and how your institution can prepare for the future.

Who Should Attend?
This informative session is designed for personnel involved in the commercial real estate loan workout and collection process, such as loan officers, workout officers, loan operations personnel, collectors, attorneys, auditors, compliance officers, and managers.

Take-Away Toolkit

  • Copy of the proposed Interagency Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.

Presenter

Elizabeth Fast, JD, CPA – Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane Britt & Browne LLP where she specializes in the representation of financial institutions. Fast 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.

Registration Options

  • $245 – Live Webinar Access
  • $245 – OnDemand Access + Digital Download
  • $350 – Both Live & On-Demand Access + Digital Download
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Date

Oct 20 2022

Time

2:00 pm - 3:30 pm

Cost

$245.00

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