SBA’s Corrective Actions to Improve Controls Over 7(a) Loans Sold on the Secondary Market
… lenders, thereby, expanding the availability of commercial credit for small businesses. Lenders are allowed to sell the … earning security that is backed by the full faith and credit of the U.S. government. Before a loan can be sold on … to the risk associated with these lenders, SBA’s Office of Credit Risk Management (OCRM) conducts a detailed review of …