Outperform your loss provisions: Increase recoveries through loan restructuring
With $427 billion of loan loss charges predicted for 58 US banks over a three year period, modeling loss projections in a pandemic is largely based on macroeconomic factors with no visibility to the duration or recovery.
So what can lenders do within their control? Join us to discuss three key strategies to reduce charge-offs, increase recoveries and drop net credit losses in order to drive loss savings. Discussion includes game-changing approaches to restructuring consumer and auto debt.