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Topic
Q&A Session: Builders & Banks in a Housing Downturn
Date & Time
Selected Sessions:
Sep 28, 2022 04:00 PM
Description
Join us for an eye-opening Q&A session with our senior consultant and housing industry finance expert, Jim Weigel. Jim will be answering your burning questions about banks and finances in a housing downturn.
Some of the actions banks take in a housing downturn seem rational: they look at a builder’s financial condition and performance to assess the risk, and they take action to protect the bank (for example, not renewing loans, not financing specs or land, etc.). Builders need to be prepared for the irrational actions banks can take including shutting off draws and taking a builder’s cash.
Don’t miss this unique opportunity to consult with an industry veteran with housing downturn experience. Submit your questions in advance of the webinar using the Questions & Comments box at registration.