Converting Loan Receivables to REO Through Foreclosure

In a recent article by Staford François, Partner at CohnReznick, the impact of the current macro-economic environment on the private credit space is discussed. The increase in non-performing loans has become a common issue for most loan operators, often resulting in foreclosure on collateral and the accumulation of Real Estate Owned (REO).

Key points from the article include:
– Significant changes in the private credit space due to macro-economic factors
– Increase in non-performing loans leading to foreclosure on collateral
– Accumulation of Real Estate Owned (REO)
– High-level guidance on the conversion of non-performing loans to REO properties for loan operators.

You can read this full article at: https://geracilawfirm.com/conversion-of-investment-in-loan-receivables-to-an-reo-via-foreclosure/(subscription required)

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