It has been a while since we reported on the sale of SBA 7(a) loan guarantees, primarily because pricing has not moved much over the past year. After post-crash premiums peaked at 118.75 in February 2013, pricing gradually declined during the balance of 2013. Then, throughout 2014, secondary market … [Read more...] about 4.6.15: SBA Guarantee Premiums Remain at Attractive Levels
7.17.13: SBA 7(a) Premiums Recovering After Rough June
Secondary market premiums on the sale of SBA 7(a) loan guarantees are recovering from declines experienced in June after Ben Bernanke spoke at a June 19th press conference and fixed-income markets roiled in reaction based on perception that the Fed could begin phasing out bond buying later this year … [Read more...] about 7.17.13: SBA 7(a) Premiums Recovering After Rough June
6.27.11: SBA Guarantee Premiums Remain Lofty
Recent SBA 7(a) guarantee sales by ValueXpress partner banks confirm tremendous demand from secondary market loan guarantee broker/dealers, even for higher guarantee amounts above the $1.5-million maximum guarantee that existed prior to September 2010. When the SBA 7(a) loan limit was increased to … [Read more...] about 6.27.11: SBA Guarantee Premiums Remain Lofty
9.3.10: SBA Loan Guarantee Premiums Soar in August
In August, short- and long-term SBA loan guarantee premiums soared to record high levels as uncertainty around the next phase of economic stimulus options continued to drive loan origination volume down, according to BoeFly. The BoeFly Loan Sale Index for 25-year Prime+2% increased 80 basis points … [Read more...] about 9.3.10: SBA Loan Guarantee Premiums Soar in August