In this episode, Mike Vesel (https://www.wipfli.com/about-wipfli/partners-and-associates/vesel-mike)dives into loan modifications and how they may surface during the economic cycle by discussing troubled debt restructurings (TDR’s) and their history with Lee Christensen (https://www.wipfli.com/about-wipfli/partners-and-associates/christensen-lee) and Brett Schwantes (https://www.wipfli.com/about-wipfli/partners-and-associates/schwantes-brett). While many institutions have not had to deal with TDR’s recently, or at least since the Great Recession, the economy is moving on a path where it is crucial to prepare for their reemergence - this episode is meant to serve as a brief refresher.