Collection Practices and Loan Workouts
Course Description
This course provides an overview of responsibilities of the collection department. It explains the use of letter and telephone collection techniques. Lastly, it explains repossessions, foreclosures, loan workouts, and bankruptcy.
60 Minutes
Series: Lending Compliance for Banks, Lending Compliance for Credit Unions
Roles: Commercial, Compliance - Internal Audit, Mortgage Professionals, Operations & IT, Retail
Course Format: Online Self-Paced
Package: Breakthrough, Expansion
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