Managing Loan Defaults during the COVID-19 Crisis
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In this COVID-19 Rapid Response webinar, Nema Daghbandan, Esq. and Melissa Martorella, Esq. provide guidance on how to manage this time of crisis with discipline, proactivity, and calm amidst a storm.
During this webinar, you will learn:
- Tactical and practical legal strategies for managing short term defaults.
- The current federal and state prohibitions regarding defaults.
- The current federal and state policies regarding non-consumer loan payments and how this affects business purpose lenders.
- The communication and documentation that lenders should be using if their borrowers are requesting loan payment deferrals.
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