Rebecca Mendoza
- 3 days ago
Five Common Collateral Perfection & Protection Errors
We often perform annual or post-closing file reviews for our clients. Perfecting and protecting collateral is an important part of these...
Lori N. McCausland
- May 11
The Guaranty Purchase Package: avoiding costly pitfalls
Ever failed to get to the finish line on a Guaranty Purchase for an SBA loan in default? It’s not a good thing, for obvious reasons:...
Rebecca Mendoza
- Apr 27
Form 1050: Common mistakes and helpful tips
It may not seem like the Form 1050 is all that complicated. But beware! It’s easy to make mistakes, especially when you have a pipeline...
Lori N. McCausland
- Mar 28
FTA 1502 Reporting: In Sync or Not In Sync?
Do you have FTA sync issues that you may not be aware of? If any of your 7(a) loans have gotten out of sync with the FTA (Fiscal Transfer...
Rebecca Mendoza
- Mar 14
Selling your SBA loans?
Do this first! Selling your SBA loans? It’s a fairly common thing to do. But a whole ‘nother level of responsibility comes with sales of...
Lori N. McCausland
- Mar 1
The 8 Most Common Loan Review Deficiencies
In light of the SBA’s 7a Connect Call in January, this is a good time to review the most-common mistakes or problems that SBA’s Office of...
Rebecca Mendoza
- Feb 14
How to respond to the dreaded Screenouts!
Screenouts! Such a dreaded word in the world of SBA lending! They always come at the most inopportune time, are a total surprise because...
Lori N. McCausland
- Feb 3
Have your PPP Borrowers been forgiven?
If you have Borrowers in your PPP loan portfolio who haven't yet applied for forgiveness, their time is running out. Forgiveness...
Rebecca Mendoza
- Dec 6, 2021
When routine is - not - beware!
In our liquidation work with Lenders, we often see how the lack of a Litigation Plan leads to a number of problems. The most painful...
Lori N. McCausland
- Nov 22, 2021
Loan Review Exceptions: it's (too) easy to make mistakes
Avoiding errors