Staci Pierce

Staci Pierce

Baker Donelson

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Bifurcated Note Implementation - Looking Beyond Traditional Risk Metrics to Prevent Borrower Windfall

In the world of large loan modifications, servicers and borrowers have turned frequently in recent years to the A/B Note structure in situations where the collateral financed by a loan is valued at less than the outstanding...more

2/4/2014 - Borrowers Loan Modifications Loans Risk Management

Lockboxes - Tips from the Trenches

Lockboxes and Cash Management Agreements are being required with increasing frequency in loan originations and workout deals. When carefully planned, lockbox implementation can be seamless. When enforced as an afterthought,...more

4/10/2013 - Cash Management Agreements Loans Lockbox Agreements Mortgage Loan Originators

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