SBA Hot Topic Tuesday — SBA 7(a) Prepays Stay Below 7%

June 2, 2015 By Bob Judge Editor, CPR Report In March, prepays stayed below 7%, remaining close to February levels. Overall prepayments rose by 2% to 6.58%. Defaults remain below 2% for 19 months in a row. This reading was the 5th lowest since 1999. Looking at the largest sector, we saw the 20+year maturity…

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CPR 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…

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CPR 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,…

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CPR 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…

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SBA 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…

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