SOP 50 10 8.1 and the Secondary Market: What Changes October 1 — Wed, Sept 9
Sale Timing, Interest Rates, Liens and Secondary Market Execution Under the Revised SOP
Coleman Professional Webinar Training
Date: Wednesday, September 9, 2026
Time: 2:00 p.m. Eastern
Includes e-certification & recording
Effective October 1, SOP 50 10 8.1 reorganizes the SBA 7(a) rulebook, incorporates several secondary market policies already in effect, and introduces additional changes that affect loan structure and secondary market execution.
For lenders, the challenge is separating what actually changes October 1 from what SBA is carrying forward from earlier procedural notices, then understanding what those distinctions mean for transaction execution.
This Coleman webinar is designed as a working session for experienced SBA lenders and secondary market professionals. David Parrish will examine the revised SOP from the perspective of transaction execution, including where lenders have additional structuring choices, where existing procedures may change and where revised language creates implementation questions.
David’s previous Coleman sessions have focused on how loan structure affects investor demand, secondary market pricing, and gain-on-sale income. This session extends that discussion to SOP 50 10 8.1 and the decisions lenders will make under the revised SOP.
David is President of Deerwood Advisors and previously served as Manager of the SBA Secondary Market Group within SBA’s Office of Capital Access. He brings direct experience with SBA secondary market policy, lender execution and the operating issues involved in preparing guaranteed portions for sale.
David Will Cover
• How the lien timing rule affects loans sold after the lien has been filed but before evidence of recordation is received.
• What lenders must retain and track when evidence of lien recordation remains pending after the sale.
• The lender’s continuing responsibility for lien perfection and required priority after a guaranteed portion has been sold.
• SOFR, the 5-year Treasury Note Rate and the 10-year Treasury Note Rate as Alternative Base Rates and how those options are incorporated into SOP 50 10 8.1.
• How alternative rate choices may affect borrower pricing, reset frequency, investor demand and secondary market execution.
• What the removal of the prior language limiting sale timing during a front end interest only period means in practice and which implementation questions remain.
• Electronic signatures on Form 1088 and other secondary market transfer and sale documentation.
• Which existing secondary market requirements remain substantively unchanged under the reorganized SOP.
This session is designed for SBA program managers, secondary market professionals, lenders, closers and executives responsible for institutions that originate 7(a) loans for sale. It provides an opportunity to compare existing processes with David’s approach to the revised SOP and how it applies to actual secondary market transactions.
How the Webinar Works
We use Microsoft Teams as the webinar platform.
Recording
All Coleman webinars are recorded and a link is sent to all attendees.
Single Site License
The single site license grants your institution one viewing of the webinar. It is permissible to use a single site license on one device in a conference room to be viewed by multiple attendees The webinar can be viewed on any device.
Multiple Site License
A multiple site license is an unlimited access pass for anyone at your institution. You will be given a link that will be usable to anyone with your email domain.
Webinar Links and Handouts
The webinar link will be sent out prior to the session, and included again when we send the presentation and handouts.
Participants Earn Certificates of Participation
All Coleman Webinar attendees will receive a certificate of participation. This documents your continuing education history for SBA and your regulators.
Questions
Questions throughout the webinar are strongly encouraged. There are two ways to ask a question. The first is to ask the question via the chat in Microsoft Teams. The second is to send an email to anna@colemanreport.com. Also, feel free to ask pre and post-webinar questions.
The Fine Print
1) Substitutions are allowed at no charge.
2) Cancellations receive a 100% credit for any Coleman product.
3) As with all our products, we offer a 100% money back satisfaction guarantee — no questions asked.
3 Easy Ways to Order
1) ONLINE — Register and pay online via Quickbooks
2) EMAIL –Send an email to cindy@colemanreport.com with “Webinar Registration” in the Subject Line. We will do all the paperwork and either send you a sales receipt or an invoice.
3) PHONE — Call us at 818-790-4591.
Bob Coleman
Publisher, Coleman Report
bob@colemanreport.com