In a recent article by Staford François, a Partner at CohnReznick, the private credit space is experiencing significant changes due to the current macro-economic environment. A notable trend is the increase in non-performing loans, which has subsequently led to foreclosures on collateral and the accumulation of Real Estate Owned (REO) assets. François offers high-level guidance on the conversion of non-performing loans to REO, addressing the challenges that loan operators are facing in this evolving landscape.
Key points from the article:
– Significant changes in the private credit space due to the macro-economic environment
– Increase in non-performing loans leading to foreclosures and REO assets
– High-level guidance on converting non-performing loans to REO
– Addressing challenges faced by loan operators in the current industry climate
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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