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
#BusinessIntelligence
1Q19 Construction Lending Update
NOTE TO READERS: This article was just published in the inaugural edition of the CLRM Journal, a publication dedicated to construction lender risk management and distributed to construction lenders and equity capital providers … READ MORE >
  |   02.04.2019
#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
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
#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
NAGGL Technical Conference
Join EDR at NAGGL’s 34th Annual SBA Lending Technical Conference in Chicago, IL May 1 – 3. We’ll be in booth 53 showcasing our Collateral360 platform that streamlines workflow in your lending operations… READ MORE >
  |   02.28.2018
#Regulations&Compliance
YOUR QUESTIONS ANSWERED: Q&A ON EDR’S SBA SOP 50 10 5(J) WEBINAR
On October 19th, EDR hosted a webinar to provide the industry with a first look at the nine key areas of changes to the environmental requirements under the new SBA SOP… READ MORE >
  |   11.03.2017