Coleman Report

August 29, 2016 CPR Report: 7(a) Prepays Down, But Stay Above 8% By Bob Judge Editor, CPR Report In June, prepays fell by 7%, but stayed above CPR 8% for the third month in a row. A fall in both defaults (CDR) and voluntary prepayments (CRR) was the cause of the decrease. Specifically, defaults fell…

August 26, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Borrower Ensnared in SIGTARP Prosecutions Jailed for 5 Years Sophisticated borrower photoshopping fraud continues to trip up lenders who rely too much of borrower documents instead of the first C of credit — borrower’s character. A former vice president of Eastern Tools of…

August 25, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Paul Pickhardt Joins Greer State Bank as SBA Lending Manager “(Paul’s) experience and knowledge of SBA products, as well as his reputation in the market, will be very beneficial as we introduce SBA lending at Greer State Bank,” says Jim Boyd, SVP. Pickhardt has…

August 18, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Coleman’s Movers and Shakers Moody’s Analytics Webinar: The Future of Small Business Lending Strong demand for small business credit is expected to continue unabated, and banks have the advantage of being the primary and most trusted sources of information for small business borrowers –…

August 16, 2016 SBA Hot Topic Tuesday — The $11MM Western SBA 504 Portfolio By Bob Coleman Editor, SBA Hot Topic Tuesday Clark Street Capital’s Bank Asset Network (“BAN”) proudly presents: “The $11MM Western SBA 504 Portfolio.” This exclusively-offered portfolio is offered for sale by two institutions (“Seller”). Highlights include: A total unpaid principal balance…

August 12, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — SIGTARP Scorecard, 58 Community Banker Convictions SIGTARP (Special Inspector General for the Troubled Asset Relief Program) touts the number of bankers charged with criminal or civil fraud just broke the 100 person mark. Of course, unmentioned is the fact community bankers are going…

August 15, 2016 Moody’s: How Banks Can Raise Their Game in Small Business Lending By Nancy Michael Senior Director, Enterprise Risk Solutions Moody’s Analytics Although the demand for small business credit remains high, banks the traditional providers of financing for this segment have continued a long and steady decline in small businesses lending. Small loans…

August 11, 2016 Coleman’s Movers and Shakers — First Bank Announces the Launch of a National SBA Lending Division By Bob Coleman Editor, Coleman’s Movers and Shakers First Bank Announces the Launch of a National SBA Lending Division Stephanie Dunn has been named national sales manager for First Bank’s SBA Division. Dunn, formerly with Live…