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Best Practices: Things to Consider in the New Year

As we begin the new year, here are some items of interest that lenders should keep an eye out for in 2019: First, it is important to make sure that…
  • January 2, 2019
  • Janet M. Dery

Best Practices: Looking For a Job? Proposed Changes to Job Creation and Retention Regulations in The 504 Lending Program

The Small Business Administration (“SBA”) created the Development Company Loan Program (504 Loan Program) to foster economic development and create or retain job opportunities by providing long-term financing for small…
  • December 12, 2018
  • Katherine D. Tohanczyn

Best Practices: Landlord’s Agreements – Waiver or Subordination?

A large number of business owners who seek financing under the SBA 7(a) Loan Program operate from leased locations, be it stand-alone buildings, shopping centers or commercial office parks. In…
  • December 5, 2018
  • Victor A. Diaz

Best Practices: Lender Liability for Failure to Satisfy a Mortgage

Most state statutes require that any lender who receives full payment of all sums due on a mortgage must satisfy said mortgage following a formal request from the borrower. Recently,…
  • November 28, 2018
  • Demetri A. Braynin

Best Practices: Diligence In Collecting Financials Can Save A Lender Headaches Down The Road

Once a loan has closed, it moves into the lender’s portfolio to be serviced in accordance with that lender’s policies. That servicing continues until the loan is paid in full…
  • November 14, 2018
  • Lyndsay Rowland

Best Practices: Taking the Guesswork Out of Religious Eligibility Determinations

Pursuant to the First Amendment, “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof. . .” (U.S. Const. Amend I). The First Amendment…
  • November 7, 2018
  • Michelle Sergent Kaas
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