12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
In recent years, the US Small Business Administration’s 7(a) Loan Program has been subject to increased regulatory oversight and statutory compliance by Congress and the SBA’s Office of Credit Risk Management (OCRM). As a result, the SBA has issued new proposed rules impacting many aspects of credit underwriting and closing of SBA 7(a) loans. For banks participating in the SBA 7(a) Loan Program, it's critical to remain updated on the proposed rules, latest policy changes, and best practices for underwriting, documenting, and closing SBA 7(a) loans in compliance with current rules and regulations. Understanding recent program changes ensures your bank will continue to benefit from this profitable loan program and provide a valuable loan product to your small business customers.
Attendance certificate provided to self-report CE credits.
- Updated guidance on:
- Personal liquidity
- Borrower-paid fees
- SBA Express
- Common OCRM findings in recent PARRiS audits
- TAKE-AWAY TOOLKIT
- New proposed SBA rule and helpful link list, including the new SBA SOP 50 10 5(j) and catch-all regulation 13 CFR 121.301(f)
- Updated SBA Form 159
- New SBA franchise Forms 2462 and 2464
- Employee training log
- Quiz to measure staff learning and a separate answer key
DON'T MISS THIS RELATED WEBINAR!
|"Introduction to SBA Lending"
Monday, July 15, 2019
WHO SHOULD ATTEND?
This informative session is designed for bank officers, underwriters, loan closers, loan portfolio managers, loan administrators, and others responsible for originating, closing, and servicing SBA loans. Having basic knowledge about the SBA loan program requirements will be helpful.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.