Guide to Performing, Nonperforming Loans

Dublin-The overall mortgage crisis and its global impact on the international markets have fueled efforts to provide tools that help better understand related micro- and macro-economic developments.

Research and Markets here recently added the "Performing and Nonperforming Loans Across the World: A Practical Guide" to its existing library of market reports.

The new book contains country reports "for specific jurisdictions and describes local law requirements which need to be considered when implementing performing and nonperforming loan transactions," the company said.

Topics covered include asset management, outsourcing, portfolio acquisition and risk limitations acts.

Research and Markets said there was a need for this guide suggested by the subprime and global market crises given "supply distortions, soaring price volatility, as well as drastic and unexpected flow constraints or surpluses, particularly due to the more frequent and deeper financial crises affecting different regions or markets."

The company also suggests that public discussions so far have indicated that "loan trades are the appropriate measure for the time being." This multidisciplinary manual is structured to assist practitioners as they deal with and have a need to review the principles of arranging, servicing, financing and exit strategies of such transactions.

Besides country reports it presents information on specific jurisdictions and local law requirements, which need to be considered when implementing performing and nonperforming loan transactions.

Coverage includes market overviews, and banker, investor and vendor viewpoints. More specifically, performing and nonperforming loan market overview, viewpoint of a bank as a vendor, information deliverables in distressed debt transactions: an investor's view, selling subperforming and nonperforming loans: the negotiated transaction vs. the auction process, and interaction between underwriting, workout and asset management in relation to a nonperforming loan portfolio. The guide also provides sample forms.

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