Tag Archives: exit strategy

Stop, Look and Listen: What Are the Risks? What is the Exit Strategy?

By Keith Mullen on April 2nd, 2009 Posted in Tough Times for Lenders, Training

There’s an old, old joke about two old men and a dog. They see a bus go down the street. Pretty soon a little dog goes chasing after the bus, barking wildly and looking for all the world like it’s going to try to bite it. One old gentleman looks at the other and says,… Continue Reading

More on That Ticking Sound: Selling Environmental Problem Property

By Keith Mullen on March 24th, 2009 Posted in Good Times for Lenders, Insurance & Environmental Risks

Here’s another topic from our "ticking sound" series covering insurance issues and environmental issues . . . Most discussion of the environmental issues that can come with foreclosed property focuses on when the CERCLA lender safe harbor provisions and its state-law analogues apply. What doesn’t get discussed often enough is how a lender goes about selling an… Continue Reading