Posts by Coleman Report
SBA Hot Topic Tuesday — Quick Takeaways from SBA’s Sr. Management 7(a) Quarterly Call
October 31, 2017 SBA Hot Topic Tuesday — Quick Takeaways from SBA’s Sr. Management 7(a) Quarterly Call By Bob Coleman Editor, SBA Hot Topic Tuesday Quarterly, SBA’s senior management team hosts a call for 7(a) lenders. Here are some quick takeaways from last week’s call you and your team should know: Download the PowerPoint Poultry…
Read MoreManaging Your SBA Loan Service Provider
Managing Your SBA Loan Service Provider Home Speakers Agenda Registration New SOP 5010 (J) Standards Required for SBA 7(a) Lenders Effective January 1. This 75-minute webinar lets your SBA lenders earn e-certification. A Coleman Webinar Date: Wednesday, November 15, 2017 Time: 2:00 p.m. Eastern Go to Registration and Payment | Download a Registration Form Last…
Read MoreColeman’s Certified SBA Loan Broker Training
Coleman’s Certified SBA Loan Broker Training – Includes Semi-Monthly Zoom Calls & 8 Weeks of Online Training Check out a clip from the course, where Bob Coleman interviews Chris Hurn, Founder and CEO of Fountainhead: Courses Have Started! The SBA loan broker is a key player in matching Main Street borrowers with SBA 7(a) and…
Read MoreFraud Friday — SIGTARP Ensnares Borrower of a Failed Community Bank
October 27, 2017 Fraud Friday — SIGTARP Ensnares Borrower of a Failed Community Bank By Bob Coleman Editor, Fraud Friday Thomas Comer of Mississippi owned a small business that shipped gravel on the Mississippi and Ohio Rivers. His business failed during the Great Recession. Unfortunately his loans to purchase the barges were from a failed…
Read MoreColeman Movers & Shakers — Vinny Muratore Named President of Stone Bank’s SBA Division
October 26, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Vinny Muratore Named President of Stone Bank’s SBA Division Vinny Muratore Named President of Stone Bank’s SBA Division Marnie Oldner, Stone Bank CEO said “Our SBA division, headed by this professional who is so respected in the government-guaranteed loan…
Read MoreSBA 7(a) 25-Year Secondary Market Quotes up to 117.75
October 25, 2017 By Bob Coleman Editor, Coleman Report C-Suite Wednesday — SBA 7(a) 25-Year Secondary Market Quotes up to 117.75 Maturity Spread Price Quarterly % Change 8 Years P + 2.75 108.750 -0.458% 10 Years P + 2.75 112.250 -0.883% 15 Years P + 2.75 112.450 -1.897% 20 Years P + 2.75 114.500 -1.505%…
Read MoreSBA Hot Topic Tuesday — Fountainhead Brings AI to SBA Lending
October 24, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Fountainhead Brings AI to SBA Lending We have postulated for many years how technology would improve our decision-making in business and that artificial intelligence would play a role. Many of us, however, didn’t try to equate this to commercial…
Read MoreMain Street Monday — Main Street Paying its Obligations Better than Ever
October 23, 2017 By Bob Coleman Editor, Fraud Friday Main Street Monday — Main Street Paying its Obligations Better than Ever “Conditions are in place for small businesses to drive GDP growth resulting from exceptional financial health,” states William Phelan, president of PayNet, Inc. Small Business Delinquencies The PayNet Small Business Default Index (SBDFI) at…
Read MoreFraud Friday — Oregon Community Bank CEO, CFO Fraud Trial Begins
October 20, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Oregon Community Bank CEO, CFO Fraud Trial Begins A retired Oregon community banker reported borrower and employee irregularities to the Feds in 2011. Don Heine filed a Suspicious Activity Report with the Financial Crimes Enforcement Network and called the FBI to report his…
Read MoreColeman Movers & Shakers — banc-serv Retains Brent Ciurlino, Appoints Karen McHugh EVP
October 19, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Banc-Serv Retains Brent Ciurlino, Appoints Karen McHugh EVP Brent Ciurlino’s consulting group has been retained to review the operations of banc-serv. Brent was formerly the Director, Office of Credit Risk Management / Asst. Associate Administrator for SBA from January…
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