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… market loan sale reviews to the National Guaranty Purchase Center and the Commercial Loan Servicing Centers. … As a result, there is a risk that SBA could improperly purchase secondary market loans that OCRM identified as …
… in improper payments. In addition, the National Guaranty Purchase Center quality control team reviewed one of the three loans during the purchase review process, but did not identify any material …
… (2) missing loan file documentation; (3) untimely post-purchase and charge-off reviews and untimely processing of … and charge-offs; (5) incorrect amount paid at the time of purchase guaranty; (6) inadequate review of Star and …
… lender underwriting performed at the National Guaranty Purchase Center (NGPC) on early-defaulted loans was not … early-defaulted loans and provide training to NGPC purchase staff. Office of Inspector General Effective: …