التفاصيل البيبلوغرافية
| العنوان: |
Forbearance Agreements Can Improve Outcomes for Problem Real Estate Loans. |
| المؤلفون: |
Heaberlin, Penny R. |
| المصدر: |
Real Estate Finance (Aspen Publishers Inc.). Feb2009, Vol. 25 Issue 5, p3-6. 4p. |
| مصطلحات موضوعية: |
*COMMERCIAL real estate loans, *FINANCE, *REAL property, *COMMERCIAL loans, *MORTGAGE loans, *HOUSING finance, *REAL estate management, *COMMERCIAL real estate management, *LOANS, *COMMERCIAL real estate |
| مستخلص: |
The article focuses on the significance of forbearance agreements in commercial real estate management. It notes that the agreement can be used to correct documentation deficiencies, obtain certain waivers and consents, and reconfirm obligations of borrowers and guarantors. It can also be managed to provide for consensual acts in lieu of foreclosure under applicable local law. Additionally, it improves borrower's cooperation and avoid defenses to the lenders' legal remedies. However, it may require the borrowers to agree to take actions such as to list the real estate for sale approved by the lender. |
| قاعدة البيانات: |
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