Report 9-18 - SBA’s Management of the Backlog of Post-Purchase Reviews at the National Guaranty Purchase Center
… was required to perform a post-purchase review on each loan to evaluate whether the lender materially complied with … an additional judgmentally selected early-defaulted loan. To address the second objective, we examined the 15 … and closing requirements. We reviewed information in SBAs loan files,and interviewed SBA officials and former WPS staff …