BREAKOUT SESSION: Valuations and Non-Recoverability - Assessing Distressed Assets
With distressed assets posing ongoing challenges, accurately valuing properties and assessing non-recoverability is crucial for servicers and lenders. This session examines strategies for evaluating distressed loans, forecasting losses, and making informed recovery decisions to mitigate risk and maximize asset value.
Speakers
Moderator

Marcy Thomas, CCIM, CCMS is a Vice President - Portfolio Loan Manager with Grandbridge Real Estate Capital LLC (subsidiary of TRUIST) with 23+ years of experience in commercial loan servicing, asset and portfolio management. She celebrates 11+ years with Grandbridge having begun her career at Berkadia. Marcy supports Truist’s Diversity, Equity & Inclusion initiatives; including Co-Chair of the Capabilities Action Network promoting the welcome of the different-abled needs community for the combined heritage BB&T and SunTrust Banks. Marcy holds a BBA in Real Estate from Georgia State University (GSU) and serves as a mentor with the graduate program and on the GSU Honorary Real Estate Board. She also supports the MBA as the Marketing Chair for the CCMS and selected to the DEI Council.
Speakers

I entered the mortgage industry in 2015 as a Commercial Mortgage Loan Closer for Securian Asset Management and transitioned to the loan servicing side in 2019. As a Mortgage Portfolio Advisor, I interface with our correspondent servicers to manage borrower requests and ensure loan compliance, prepare portfolio reporting, and perform analysis and surveillance required for appropriate risk management. I have also been heavily involved in or led multiple process-improvement projects, including implementations of a new loan management system and a document management system, and spearheaded reporting transformations to optimize efficiencies.