Loan Losses and a Lender’s Stages of Grief

How Turnaround Pros Can Guide Lenders from Depression to ResolutionPatrick Walsh Cedar Croft Consulting

Now and then, despite due diligence and careful underwriting, a loan goes bad. Patrick Walsh describes the five stages of grief that a lender passes through when a loss seems imminent and suggests ways that a turnaround professional can help the lender work through these stages and achieve a positive outcome.

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