Posts Tagged ‘SBA 7(a) Loan’
SBA Hot Topic Tuesday — CPR Report: SBA 7(a) Prepays Start 2016 Below 8%
March 29, 2016 SBA Hot Topic Tuesday — CPR Report: SBA 7(a) Prepays Start 2016 Below 8% By Bob Judge Editor, CPR Report In January, prepays rose slightly from December, but stayed below 8% as we begin tracking 2016. The cause was a double-digit increase in defaults (CDR) that was mostly offset by a decrease…
Read MoreSBA Inspector General Denys Three More ARAA Loan Guaranties
March 19, 2014 By Bob Coleman Editor, Coleman Report SBA’s Inspector General has issued a second audit of early defaulted ARAA SBA 7(a) loans. Nine loans were reviewed, and three loan guaranties were deemed to have been improperly purchased from lenders by SBA. We’ll examine each of the three loans in separate Coleman Reports. Today’s…
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