Troubled Loan Modifications: Evaluation, Tracking & Reporting
TDRs might be a thing of the past, but troubled loan modifications (TLMs) are very much alive. Do you know how to evaluate, track, and report them? Are you able to determine which situations indicate that a borrower is in trouble? Do you know the tracking and disclosure requirements? This informative webinar includes a TLM evaluation checklist and expert insight. Register today!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Explain the new troubled loan modification evaluation process
- Identify borrower circumstances that could indicate financial difficulty
- Distinguish between an insignificant payment delay and a direct change in contractual cash flows
- Recognize the different accounting treatments under the current expected credit losses (CECL) model
- Understand the new TLM tracking and disclosure requirements
- Implement recommended practices
WEBINAR DETAILS
It was exciting news when we heard that CECL eliminated troubled debt restructurings (TDRs). However, we now must consider, evaluate, track, and report TLMs. What’s the difference, you ask? This session will answer – and provide the resources needed to evaluate future loan modifications. There is a direct relationship between the increasing delinquency trends seen across the industry and the volume of TLMs. Are you up to speed?
WHO SHOULD ATTEND?
This informative session is designed for lending and collections personnel, loan modification staff, and those responsible for loan modification accounting and reporting.
