INSIGHTS

#LenderRiskManagement
SBA NEWS FLASH: 7(a) AND 504 LOAN VOLUME AT MID-YEAR
Loans under the 7(a) program are 13% below this time last year, Live Oak maintains top spot, while Newtek makes a move.  The last time we checked in on loan volume under the… READ MORE >
  |   07.12.2019
#ASTME1527
EDR’s Update on Revisions to the U.S. SBA’s Environmental Policies and Procedures (SOP 50 10 5(K))
On April 1, 2019, the U.S. Small Business Administration’s new version of environmental policies and procedures took effect (SOP 50 10 5(K)). In a timely track that opened the June Environmental Bankers Association… READ MORE >
  |   07.01.2019
#LenderRiskManagement
NEWS UPDATE: U.S. SBA Officially Adopts $500,000 Appraisal Threshold
The agency’s action brings its appraisal threshold in line with federal bank regulators. The U.S. Small Business Administration just announced an important change to its 7(a) and 504 loan program appraisal requirements, effective… READ MORE >
  |   03.28.2019
#LenderRiskManagement
U.S. SBA Returns from Shutdown with a New SOP 50 10 5, Effective April 1st
Minor Revisions to Environmental Policies and Procedures Just three weeks after the federal shutdown ended, the U.S. Small Business Administration issued a new SOP 50 10 5. Version (K) will supersede the current… READ MORE >
  |   02.21.2019
#LenderRiskManagement
Government Shutdown Puts Federal Lending Programs on Hold
“Due to the lapse of government funding, SBA will remain inactive until further notice.”  As we all settle back into work in the New Year,  be aware that the partial federal government shutdown… READ MORE >
  |   01.03.2019
#LenderRiskManagement
My RMA 2018 Summary: “Our Risk Management Is the Best It’s Ever Been”
Five Key Take-Aways from the RMA Conference Early last week, I attended the Risk Management Association’s annual conference. It was held at the Gaylord Convention Center in National Harbor, just across the Potomac… READ MORE >
  |   11.15.2018
#LenderRiskManagement
SBA Lending Ends FY18 at Lowest Level in Four Years
…yet average loan size reached eight-year peak For the second consecutive year, volume under the U.S. Small Business Administration’s popular 7(a) program declined in Fiscal Year 2018, which ended on September 30th… READ MORE >
  |   11.01.2018
Commercial Appraisers
What would saving 40% of the time it takes to write an appraisal report mean for your business? By automating the time-consuming appraisal process you will deliver higher quality reports worthy of your… READ MORE >
  |   10.15.2018
#CollateralMonitoring
RIMS
RIMS is a simple-to-use, feature-rich appraisal management software solution that improves the way all parties in the due diligence process collaborate. RIMS was developed to focus on the following key areas for lenders:… READ MORE >
  |   10.05.2018
#LenderRiskManagement
U.S. SBA Introduces Bill to Adopt $500,000 Federal Appraisal Threshold
If you are a lender that participates in the U.S. Small Business Administration’s loan programs, be aware that Congress considering a bill introduced last week to bring the 7(a) program in line with… READ MORE >
  |   07.18.2018