ARTICLE
3 October 2023

New Fed Policy On Extend And Hold Bank Loans For Multi-Family Properties - Welcome Back To 2008

KR
Kane Russell Coleman Logan
Contributor
Kane Russell Coleman Logan is a full-service law firm with over 70 attorneys in Dallas and Houston. KRCL provides transactional, litigation and bankruptcy services for clients in real estate, energy, construction, transportation and other key industries. Clients range from Fortune 500 companies to small and mid-size businesses in Texas and across the U.S.
A little over two months ago, the federal banking authorities (Feds) issued a new Policy Statement,...
United States Finance and Banking
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A little over two months ago, the federal banking authorities (Feds) issued a new Policy Statement, a re-vamp and expansion of the 2008 "extend and hold" or "pretend and extend" policy that emerged from the 2008 Bank Liquidity Crisis.

The Policy Statement provides specific examples of different loan extension scenarios for retail properties and how each scenario would be classified for loan grading and accrual or non-accrual purposes.

Learn more about how the new Policy statement affects Multi-Family Properties, as well as review sample loan scenarios here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
3 October 2023

New Fed Policy On Extend And Hold Bank Loans For Multi-Family Properties - Welcome Back To 2008

United States Finance and Banking
Contributor
Kane Russell Coleman Logan is a full-service law firm with over 70 attorneys in Dallas and Houston. KRCL provides transactional, litigation and bankruptcy services for clients in real estate, energy, construction, transportation and other key industries. Clients range from Fortune 500 companies to small and mid-size businesses in Texas and across the U.S.
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