Posts Tagged ‘CPR Report’
SBA Hot Topic Tuesday — SBA 7(a) Prepays Remain Below 8%
December 23, 2014 By Bob Judge Editor, CPR Report In October, prepays remained below 8% for the fifth time this year, decreasing by 1% from September. As to the cause, we saw a double-digit decrease in defaults that more than offset a singledigit increase in voluntary prepayments. Defaults, which fell by 23%, remained below 2%…
Read MoreMain Street Wednesday – SBA 7(a) Prepays Fall Back Below 8%
November 26, 2014 By Bob Judge Editor, CPR Report In September, prepays fell back below 8% for the fourth time this year, decreasing by 2% from August. As to the cause, we saw an increase in defaults that were more than offset by a decrease in voluntary prepayments. Defaults, which rose by 37%, remained below…
Read MoreCPR Report: The Greatest Secondary Market Chart Ever
September 23, 2014 By Bob Judge Editor, CPR Report The geeks among you are going to love this chart. Over the past few months, we are always being asked the biggest question in the secondary market: What will happen when rates rise? While we don’t have a crystal ball, looking into the past would seem…
Read MoreCPR Report: SBA 7(a) Prepays Remain Above 8%
August 20, 2014 By Bob Judge Editor, CPR Report In June, prepays stayed above 8% for the second month in a row and for the fourth time this year. As to the cause, voluntary prepayments stayed above 6% for the second month in a row, while defaults remained below 2%. Defaults fell back slightly last…
Read MoreCPR Report: SBA 7(a) Prepays Move Back Above 8%
July 21, 2014 By Bob Judge Editor, CPR Report In May, prepays rebounded back above 8% for the first time since February. After two months of sub-7% speeds, we have returned to where we stood as 2014 began. Defaults rose significantly last month, but stayed below 2% for the ninth month in a row. This…
Read MoreCPR Report: SBA 7(a) Prepays Stay Below 7%
June 18, 2014 By Bob Judge Editor, CPR Report In April, prepays remained below 7% for the second consecutive month, having decreased by 1% from March. Defaults fell to the 4th lowest reading since 1999 and stayed below 2% for the eighth month in a row. This continues the longest such stretch in our database,…
Read MoreCPR Report: SBA 7(a) Prepays Decrease in March
March 21, 2014 By Bob Judge Editor, CPR Report In March, prepays fell below 7% for the first time this year, having decreased by 17% from February. Defaults just barely stayed below 2%, making it seven months in a row of sub-2% default prepay speeds. This continues the longest such stretch in our database, which…
Read MoreSBA 7(a) Prepays Unchanged in February
April 23, 2014 By Bob Judge Editor, CPR Report In February, prepays were basically unchanged, coming in slightly above 8%. So far in 2014, we have seen both prints above 8%, which is one more than all of 2013. As in the previous five months, defaults remain sub 2%, the longest such stretch in our…
Read MoreSBA 7(a) Prepays Rise 24%
March 26, 2014 By Bob Judge Editor, CPR Report In January, prepays rose above 8%, registering a 24% increase over December, 2013 as we begin analyzing 2014. This reading represents the first one over 8% since last August, and with this print, have matched the number of +8% monthly CPRs we saw all of last…
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