Once upon a time and in a very simple time,  construction lenders required full payment and performance guarantees, and only permanent lenders offered non-recourse financing (with “bad-boy” liability).  Now, even some construction lenders include a variation of non-recourse liability (with “bad-boy” events) in their structure.  And, the list of “triggers” or events that form the

(Blogging from the MBA Servicing & Technology Conference . . . .) (Day One blog)

In the midst of the loan defaults, maturity defaults and imminent  (coming soon) defaults, lenders and loan servicers are discovering (or uncovering) ways that the loan documents properly (or improperly) address the problems and challenges of the latest recession (or