Coleman Report

December 3, 2018 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – PayNet’s Quarterly Credit Outlook Hints of Mini Wake-Up Call PayNet’s recently released Quarterly Credit Outlook shows that while small business lending remains healthy, the end of Q3 reflects a mini wake-up call. This is reflected by small signs pointing to…

November 30, 2018 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Bank Exec and Husband Sentenced in $2.7 Million Bank Fraud Scheme A former bank executive and her husband were both sentenced to federal prison for their roles in a $2.7 million embezzlement scheme. Palestine Ace, and her husband, Jonathan Ace, plead…

November 29, 2018 By Bob Judge Editor, CPR Report CPR Report: Actual SBA 7(a) Prepays Fall Below 15% “While this month suggests an easing in prepayment speeds, don’t be fooled. Next month’s reading is expected to approach 20%.” In October, total prepays, including paid excess principal (ACPR), came in at 14.44%, a 24% decrease from…

November 29, 2018 By Mary Miller Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers – Toshia Walters, Noe Castillo, CoastalStates Bank Toshia Walters Appointed Senior VP and Construction Loan Manager, Pinnacle Financial Partners, South Carolina Toshia Walters joins Pinnacle Financial Partners as a senior vice president and construction loan manager as part of…

November 27, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Top 5 SBA 7(a) Small Loan Audit Exceptions From SBA’s Quarterly 7(a) Lender Call. Says SBA these are the five hottest small loan audit exceptions: Credit elsewhere not discussed — 27% Life insurance not discussed — 13% Credit elsewhere…

November 21, 2018 C-Suite Wednesday — Bonnell, Drew, Garcia, Massey, McFatter, Vehrs Named Coleman 2018 Emerging SBA Lenders of the Year Maggie Bonnell, Fidelity Bank Maggie began her SBA lending career in 2011 when she joined Fidelity Bank as an SBA Loan Processor (Closer). In this role, she was able to expand on her prior…

Putting the Customer First — Top Technology Trends that will Define Small Business Lending Success Home Speakers Agenda Registration A Coleman and Moody’s Analytics Webinar Date: Tuesday, December 11, 2018 Time: 2:00 p.m. Eastern Register Here The intersection of lending technologies and analytics is creating a future state of a fully automated small business lending…

November 20, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Christine Heckert and Robert Polito Named Coleman 2018 SBA 7(a) Lenders of the Year Christine Heckert has been in the SBA industry for 30 years. She has been an advocate for small businesses and has dedicated her career to…

November 19, 2018 Main Street Monday — Jennifer Ericson Named Coleman 2018 Mission-Based Lender of the Year By Bob Coleman Editor, Main Street Monday Jennifer Anderson, President of Community Reinvestment Fund writes, “Jennifer Ericson is a talented director of business development. She continually finds creative ways to better serve small business owners and is truly…