How Turnaround Professionals Can Guide Lenders from Depression to Resolution

Loan Losses and a Lender’s Stages of Grief. By Patrick Walsh Lenders are in the business of loaning money and obtaining a return on their investment balanced against their risk. All lenders have different lending models for credit approval and underwriting to minimize the risk. However, there are other factors that may enter the equation and can result in a good loan turning bad. These can be divided into three…