Tag Archives: Cedar Craft Consulting

Loan Losses and a Lender’s Stages of Grief: How Turnaround Pros Can Guide Lenders from Depression to Resolution

Now and then, despite due diligence and careful underwriting, a loan goes bad. Patrick Walsh describes the five stages of grief that a lender passes through when a loss seems imminent and suggests ways that a turnaround professional can help the lender work through these stages and achieve a positive outcome.