To our valued readers,
2010 proved to be a difficult and challenging year for workout professionals, and of course, for the JMBM Special Assets Team. Because our good clients are busier than ever this holiday season, so are we. I regret that I haven’t been writing as frequently as I would like, but I hope that next year I will be able to share more interesting “SAD but True” stories and articles to help our banker and lender audience work through their problem loans. There is no shortage of topics and information — just not enough hours in the day to put in a form that is useful for all of you.
From all of us at the JMBM Special Assets Team, please accept our best wishes for happy holidays and a prosperous new year, and a special wish to all of our borrowers and guarantors — may they find buyers for their properties at prices that are high enough to pay back their loans in full!!
Happy New Year!!
Dick Rogan and the JMBM Special Assets Team