» » Optimising Distressed Loan Books: Practical solutions for dealing with non-performing loans

Free eBook Optimising Distressed Loan Books: Practical solutions for dealing with non-performing loans download

by John Michael Sheehan

Free eBook Optimising Distressed Loan Books: Practical solutions for dealing with non-performing loans download ISBN: 0857191292
Author: John Michael Sheehan
Publisher: Harriman House (October 19, 2011)
Language: English
Pages: 232
Category: Work and perfomance
Subcategory: Economics
Size MP3: 1455 mb
Size FLAC: 1871 mb
Rating: 4.1
Format: lrf mbr azw lrf


Optimising Distressed Loan Books - John Michael Sheehan. The book identifies and analyses practical solutions for dealing with distressed debt, both from the loan and the property collateral level, based upon past experiences.

Optimising Distressed Loan Books - John Michael Sheehan. It is not designed to be read once; it is planned as a practical, reference, working and training manual that can be referred to when needed or appropriate. It is divided into three main parts: Part I, the first two chapters, examines the reasons why many banks fail to maximise distressed debt recoveries.

Dealing with distressed loans is different to other banking activities. Normal bank processes, decision-making structures. John Sheehan followed financial crisis around the world for a decade with a well-known US investment bank, specialising in distressed debt acquisition and loan servicing, corporate restructuring, real estate investment, lending and structured finance. John's first introduction to this business was undertaking real estate advisory and collateral valuation of non performing loan portfolios.

Optimising Distressed Loan Books book. Goodreads helps you keep track of books you want to read

Optimising Distressed Loan Books book. Goodreads helps you keep track of books you want to read. Start by marking Optimising Distressed Loan Books: Practical solutions for dealing with non-performing loans as Want to Read: Want to Read savin. ant to Read. Normal bank processes, decision-making structures, management techniques and investment philosophies are geared to making money in buoyant markets.

Dealing with distressed loans is different to other banking activities

Dealing with distressed loans is different to other banking activities. In this unique new book, John Michael Sheehan explains why financial institutions have failed to resolve distressed loan books profitably in the past and describes the solutions they can put in place to improve this in the future. Sheehan builds on 20 years' experience of hands-on asset monetisation, loan portfolio servicing and debt work-out to describe how banks can learn to convert the dredges of loan defaults into profits. However, these same characteristics mean that in a downturn banks are poorly equipped to deal with working-out distressed loan portfolios. This is problematic and costly for banks, as there are billions of dollars to be made from the resolution of defaulted loan books, if only they can harness the skills for doing this effectively.

Help us to make General-Ebooks better!

Help us to make General-Ebooks better! Genres. Books ~~ Business & Economics~~ Banks & Banking.

Optimising Distressed Loan Books. Practical solutions for dealing with non-performing loans

Optimising Distressed Loan Books. Practical solutions for dealing with non-performing loans. By John Michael Sheehan. Read sample on Volow What is Volow? £5. 0.

A non-performing loan (NPL) is a loan that is in default or close to being in default. Many loans become non-performing after being in default for 90 days, but this can depend on the contract terms

A non-performing loan (NPL) is a loan that is in default or close to being in default. Many loans become non-performing after being in default for 90 days, but this can depend on the contract terms. According to International Monetary Fund npl is as follows; Payments of interest and principal are past due by 90 days or more.

Dealing with distressed loans is different to other banking activities. Normal bank processes, decision-making structures, management techniques and investment philosophies are geared to making money in buoyant markets. However, these same characteristics mean that in a downturn banks are poorly equipped to deal with working-out distressed loan portfolios. This is problematic and costly for banks, as there are billions of dollars to be made from the resolution of defaulted loan books, if only they can harness the skills for doing this effectively.In this unique new book, John Michael Sheehan explains why financial institutions have failed to resolve distressed loan books profitably in the past and describes the solutions they can put in place to improve this in the future. Sheehan builds on 20 years' experience of hands-on asset monetisation, loan portfolio servicing and debt work-out to describe how banks can learn to convert the dredges of loan defaults into profits. Written in a clear and approachable style, illustrated throughout and punctuated with insightful real-life case studies, Sheehan provides a highly accessible guide to this technical area.The book is divided into three parts. The first section analyses how and why banks fail to maximise distressed recoveries. The second section is a practical, basic training manual of techniques, systems and processes that will explain to investors or lenders how to go about earning back their losses and, in many cases, clearing amounts greater than par. The final section analyses lessons from previous crises and proposes how in the future financial institutions can improve their distressed loan resolution practices.Bank executives and officers, their advisors, loan servicers, investors, and government-sponsored entities will be able to use this book as a working tool to assist them in working-out loans and retaining the rewards from this process. Accountants, administrators and ratings agencies should find this book to be an extremely useful source of reference, whilst regulators, academics and students will also find it will improve their understanding of the secretive distressed debt industry and therefore the financial system.