Coleman Report

August 8, 2017 Are you making decisions off of impartial data? Could you improve your analysis of borrower risk by leveraging more types of data? In this latest Moody’s Analytics article, Dr. Douglas Dywer discusses how to increase the accuracy of probability of default (PD) calculations for both small firms and medium-sized enterprises by considering…

July 20, 2017 Coleman’s Movers & Shakers — Kim Named 1st Security Bank SBA Sr VP By Bob Coleman Editor, Coleman’s Movers & Shakers 1st Security Bank announces that C. Han Kim has joined the Bank as Senior Vice President and SBA Division Manager “We are thrilled to have the opportunity to add an SBA…

July 18, 2017 CPR Report: 7(a) Prepays Stay Above 9% By Bob Judge Editor, CPR Report In May, prepays fell by 5%, but stayed above CPR 9% for a second month in a row, coming in at CPR 9.06%. An decrease in both defaults (CDR) and voluntary prepayments (CRR) led to the fall in the…

July 17, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Biz Owners have a 70% Approval Rating Says Gallup. Americans have as much confidence in small business owners as the military in its June poll. Here’s the list of of those that have a great deal or quite a lot…

July 14, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former BB&T Market President Charged with Bank Fraud Another banker is indicted for fraud, not for taking money, but for bending the rules in an attempt to bail out a borrower. I’ve written in the past of the strong psychological need some bankers…

July 13, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — John DeFranza Named SVP for People’s United Bank “SBA lending is a key component of the Bank’s strategic growth plans, so having access to John’s exceptional knowledge and national experience in this area is vital to our long-term success,”…

July 12, 2017 By Bob Coleman Editor, C-Suite C-Suite Wednesday — House Small Biz Chairman Demands Answers from CFPB With CFPB’s 60-day notice up on July 15th asking for comments on how best to enforce fair lending laws on small business lenders, Congress is paying attention. Writes House Small Business Chairman Steve Chabot, “Small business…

July 11, 2017 By Walter H. McLaughlin Contributor SBA Hot Topic Tuesday — Understanding SBA’s EPC/OC Rules Of the many positives SBA financing provides Main Street, one of the most important is the ability to purchase owner-occupied properties on reasonable terms and rates. Through the 504 and 7(a) programs, eligible small businesses can preserve much-needed…

July 10, 2017 Main Street Monday — Small Business Delinquency Index up 10 Basis Points By Bob Coleman Editor, Main Street Monday A barometer of small companies’ financial health suggested companies are finding it easier to pay off old loans. The share of loans more than 30 days past due was 1.69 percent in May,…

July 7, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Payment Processing Company CEO Gets 15 Months for Unauthorized Withdrawals “Payment processors who knowingly facilitate consumer fraud commit a federal offense,” says Acting Assistant Attorney General Chad A. Readler of the Justice Department’s Civil Division. “We are committed to protecting consumers from unknown…