SBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes

June 21, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday Maturity Price Gross Margin Service Fees Net Margin Prime Rate 8 Yrs. 109.75000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 10 Yrs. 113.70000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 15 Yrs. 114.00000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 20 Yrs. 116.12500 2.750% 1.0000% 0.5980% 1.1520% 3.50% 25 Yrs.…

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Main Street Monday — CPR Report: SBA 7(a) Prepays Stay Below 7%

May 2, 2016 Main Street Monday — CPR Report: SBA 7(a) Prepays Stay Below 7% By Bob Judge Editor, CPR Report In March, prepays fell further below CPR 7%, reaching a level not seen since April of 2013. The cause of this decrease was a double-digit fall in voluntary prepayments (CRR) that offset a rise…

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CPR Report: The Greatest Secondary Market Chart Ever

September 23, 2014 By Bob Judge Editor, CPR Report The geeks among you are going to love this chart. Over the past few months, we are always being asked the biggest question in the secondary market: What will happen when rates rise? While we don’t have a crystal ball, looking into the past would seem…

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CPR Report: SBA 7(a) Prepays Remain Above 8%

August 20, 2014 By Bob Judge Editor, CPR Report In June, prepays stayed above 8% for the second month in a row and for the fourth time this year. As to the cause, voluntary prepayments stayed above 6% for the second month in a row, while defaults remained below 2%. Defaults fell back slightly last…

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