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News | Problem Loan Services January, 2011 Recovery Ahead - News from Crossroads Credit & Portfolio Management LLC Problem Loan ServicesIn most cases, it is neither effective nor efficient for a loan officer or other senior officer of most community banks to engage in problem loan resolution, workout management or special assets. The assigned loan officer is often inexperienced and to some extent compromised by personal relationships with the borrower. This often results in the loan officer being distracted from a more productive role as a producer of profitable banking relationships. Crossroads Credit and Portfolio Management has assisted 24 Community Banks with their problem loans since November 2008. |
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