Coleman Report
SBA 7(a) Secondary Market Quotes as of October 18, 2016
October 18, 2016 By Bob Coleman Editor, Coleman Report SBA 7(a) Secondary Market Quotes as of October 18, 2016 Maturity Spread Price Weekly % Change Monthly % Change 8 Years P + 2.75 109.625 +0.000% +0.573% 10 Years P + 2.75 112.125 +0.076% +0.561% 15 Years P + 2.75 113.750 +0.000% +0.573% 20 Years P…
Read MoreMain Street Monday — SBA Opposes CFPB Payday Lending Proposed Regs
October 17, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — SBA Opposes CFPB Payday Lending Proposed Regs Why do we care about SBA’s support of payday lenders? Because, next up on the Consumer Financial Protection Bureau’s agenda will be rules affecting small business lenders — especially online lenders — the lenders…
Read MoreColeman Movers & Shakers
October 13, 2016 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers Timothy Dixon Named HomeBanc Regional President Florida’s HomeBanc has named Timothy D. Dixon as Regional President, SBA/USDA Product Manager. He is based in Shaker Heights, Ohio. Timothy brings to HomeBanc more than 35 years of experience in the banking industry.…
Read MoreC-Suite Wednesday — SBA Oversight Bill Status Update
October 12, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — SBA Oversight Bill Status Update The SBA Oversight bill passed by the Senate in June remains in limbo. Georgia Congressman Lynn Westmoreland told bankers at the USDA B&I lending forum in Atlanta last month corresponding legislation has not been introduced in the House…
Read MoreSBA 7(a) Secondary Market Quotes as of October 11, 2016
October 11, 2016 By Bob Coleman Editor, Coleman Report SBA 7(a) Secondary Market Quotes as of October 11, 2016 Maturity Spread Price Weekly % Change Monthly % Change 8 Years P + 2.75 109.625 +0.805% +0.573% 10 Years P + 2.75 112.040 +1.119% -0.630% 15 Years P + 2.75 113.750 +0.664% +0.442% 20 Years P…
Read MoreIf It Walks Like a Duck, Talks Like a Duck, and Acts Like a Duck, It’s a loan!
October 7, 2016 If It Walks Like a Duck, Talks Like a Duck, and Acts Like a Duck, It’s a loan! By Bob Coleman Editor, Coleman Report Today we have three short video snippets from the NACLB Conference. Bob Coleman, Editor, The Coleman Report and Sean Murray, President and Chief Editor, deBanked Disagree on What…
Read MoreNACLB Coverage — Conventional Commercial Real Estate Rates to Remain @ 5% in 2017
October 6, 2016 NACLB Coverage — Conventional Commercial Real Estate Rates to Remain @ 5% in 2017 Exclusive from Las Vegas By Bob Coleman Editor, Coleman Report The National Alliance of Commercial Loan Brokers second annual convention hosts almost 500 small business lenders and small business loan brokers this week. Michael Sneden of ValueXpress presents…
Read MoreC-Suite Wednesday — Maximizing Recoveries in a Wind Up
October 5, 2016 By Ben T. Nicholson President, Fortis Business Advisors Contributor, C-Suite C-Suite Wednesday — Maximizing Recoveries in a Wind Up Early in the Going-Out-of-Business sales at Sports Chalet, customers reported disappointment in not getting a “great deal.” This is not surprising. To generate a significant enough return to pay off creditors and vendors,…
Read MoreSBA Hot Topic Tuesday — OIG Says SBA 504 Liquidation “Effective” — Suggests Formal Training
October 4, 2016 SBA Hot Topic Tuesday — OIG Says SBA 504 Liquidation “Effective” — Suggests Formal Training By Bob Coleman Editor, SBA Hot Topic Tuesday SBA’s Inspector General revisited SBA 504 liquidation procedures by Fresno and Little Rock in their end of the year report. The takeaways? 1) SBA 504 liquidations have stabilized and…
Read MoreFraud Friday — Bogus $2.3 Million SBA Loan Results in 6 Colorado Family Member Fraud Convictions
September 30, 2016 Fraud Friday — Bogus $2.3 Million SBA Loan Results in 6 Colorado Family Member Fraud Convictions By Bob Coleman Editor, Fraud Friday A Colorado family fraud affair has come to an end. Jose Ricardo Sarabia-Martinez has been found guilty of bank fraud in obtaining $5 million of SBA and mortgage loans. His…
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