Troubled real estate loan restructurings: interpreting the regulations
Article Abstract:
Some of the factors which a lender considers in restructuring a real estate loan are the collateral value, ability of the owner to manage it, potential environmental and owner-based liabilities and the ability of the borrower to fulfill obligations within the new loan structure. Other factors, such as financial accounting standards, can have much more impact on the lender's financial health. Specific regulations allow lenders to avoid recognition of loan losses arising out of troubled loans and for restructured debt. Lenders must be aware of these specific regulations.
Publication Name: Real Estate Accounting & Taxation
Subject: Real estate industry
ISSN: 0897-0262
Year: 1993
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Troubled real estate: tax aspects of debt restructuring and foreclosures
Article Abstract:
Tax law modifications such as the passage of the Tax Reform Act of 1986 and the subsequent decline in the economic affairs in most United States cities have impaired real estate values in the country. This resulted to numerous loan workouts, foreclosures amd bankruptcy proceedings. Thus, real estate lenders should discover alternative methods to increase probability of recovery of money lent to borrowers.
Publication Name: Real Estate Accounting & Taxation
Subject: Real estate industry
ISSN: 0897-0262
Year: 1992
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