You are the manager of a Building Society and you are informed by a new loan officer that a mortgage is starting to show

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answerhappygod
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You are the manager of a Building Society and you are informed by a new loan officer that a mortgage is starting to show

Post by answerhappygod »

You are the manager of a Building Society and you are informed
by a new loan officer that a mortgage is starting to show signs of
concern because of a missed payment. He suggests that the
institution should consider appointing a receiver or seeking to
sell the property associated with the mortgage. What do you think
about the loan officer's recommendations and how would you advise
him?
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