SBA Hot Topic Tuesday – OCRM Identifies Material Deficiencies in 21 Defaulted Loans

November 19, 2019

By Caity Witucki
Contributing Editor, SBA Hot Topic Tuesday

SBA Hot Topic Tuesday – OCRM Identifies Material Deficiencies in 21 Defaulted Loans

On November 12, 2019, the SBA OIG released a report which presented the results of an audit of the SBA’s oversight of high-risk lenders. Upon review, OCRM identified material deficiencies in the 21 defaulted loans summarized below.

Source:
SBA OIG Report 20-03