The standard setter releases new proposed accounting guidance to better define what is – and is not – a troubled debt restructuring.
Robert Willens, CFO.com | US
November 15, 2010
There are many ways to structure a deal to make it a win-win for both the financial institution and its members/clients. I have found a simple to use, low-cost, and powerful tool that I have used over the years called TValue loan modification software by TimeValue Software. I have seen examples after using this tool of more than $80K in savings because I was able to create strategic loan modification options in minutes to help create the best possible TDR to help meet the payment needs of everyone and minimize the Allowance for Loan Loss.
Posted by Diego King | November 16, 2010 11:28 am© CFO Publishing Corporation 2009. All rights reserved.