Prepare reports and forecasts detailing the management and disposition of REOs.
December 13, 2019
Negotiate workouts with all involved parties (borrowers, guarantors, SBA, and any other participants, etc.
January 20, 2020
Complete documentation of workout efforts (including communications, reason for default, workout/payment plans, updated phone numbers and mailing addresses) and ensuring all information is part of the permanent loan file.
March 25, 2020