SBA’s Corrective Actions to Improve Controls Over 7(a) Loans Sold on the Secondary Market
… the full faith and credit of the U.S. government. Before a loan can be sold on the secondary market, the lender must … a watch list. Lenders on this list may request for a loan to be sold on the secondary market through the FTA. … Risk Management (OCRM) conducts a detailed review of each loan to determine whether it complies with SBA requirements …