Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools

  1. Law
  2. CFR 13
  3. Business Credit and Assistance
  4. Small Business Administration
  5. Business Loans
  6. Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools

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Section
120.1700

Definitions used in subpart J.

Section
120.1701

Program purpose.

Section
120.1702

Program fee.

Section
120.1703

Qualifications to be a Pool Originator.

Section
120.1704

Pool Loans eligible for Pooling.

Section
120.1705

Pool formation requirements.

Section
120.1706

Pool Originator's retained interest in Pool.

Section
120.1707

Seller's retained Loan Interest.

Section
120.1708

Pool Certificates.

Section
120.1709

Transfers of Pool Certificates.

Section
120.1710

Central servicing of the Program.

Section
120.1711

Suspension or termination of Program participation privileges.

Section
120.1712

Seller responsibilities with respect to Seller's Pool Loan.

Section
120.1713

Seller's Pool Loan origination.

Section
120.1714

Seller's Pool Loan servicing.

Section
120.1715

Seller's Pool Loan liquidation.

Section
120.1716

Required SBA approval of servicing actions.

Section
120.1717

Seller's Pool Loan deferments.

Section
120.1718

SBA's right to assume Seller's responsibilities.

Section
120.1719

SBA's right to recover from Seller.

Section
120.1720

SBA's right to review Pool Loan documents.

Section
120.1721

SBA's right to investigate.

Section
120.1722

SBA's offset rights.

Section
120.1723

Pool Loan receivables received by Seller.

Section
120.1724

Servicing and liquidation expenses.

Section
120.1725

No Program Preference by Seller or Pool Originator.

Section
120.1726

Pool Certificates a Seller cannot purchase.