Lori N. McCausland
- Sep 13
Delinquent Loans: Eight Potential Problems
Our last article discussed Post-Purchase Packages – the documentation required from Lenders by SBA for loans sold on the secondary market...
Rebecca Mendoza
- Aug 16
New Borrower Certification Requirements
There’s either a Technical Update or revised SOP 50 10 7 coming soon, but who knows when “soon” will be. So, “Do what you do – until we...
Rebecca Mendoza
- Jul 24
SBA Says: Do What You Do!
There are a lot of changes in the new SOPs 50 10 7 and 50 57 3, and all of them are effective 8/1/2023. Yikes. That’s just a few days...
Lori N. McCausland
- Jul 18
1502 Reporting Review
We’ve written before about the importance of staying on top of your 1502 reporting to the SBA. There have been a few recent updates, so...
Rebecca Mendoza
- May 24, 2022
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
- Mar 28, 2022
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, 2022
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...