In this Webinar:
In these unprecedented times, national liquidity and unemployment have reached a fever pitch, resulting in a dramatic increase of borrower requests to postpone loan payments. The federal and state governments are also implementing plans to forego payments on student loans and federal home mortgage loans. Our team of experts will provide guidance on how to manage this time of crisis with discipline, proactivity, and calm amidst a storm.
During this webinar you will learn:
1. Tactical and practical legal strategies for managing short term defaults.
2. The current federal and state prohibitions regarding defaults.
3. The current federal and state policies regarding non-consumer loan payments and how this affects business purpose lenders.
4. The communication and documentation that lenders should be using if their borrowers are requesting loan payment deferrals.