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WEBExpress: Common Servicing Actions That *Don’t* Involve Collateral
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WEBExpress: Common Servicing Actions That Don’t Involve Collateral

When: August 9, 2018
Noon - 1:30 pm CENTRAL TIME
Access instructions provided via email 24 hours prior to event
United States
Contact: NAGGL

Online registration is closed.
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August 9 

WEBExpress: Common Servicing Actions That *Don’t* Involve Collateral

Fee (per location connection): $345 Mbr; $525 Non-Mbr; $275 Govt
Registration Deadline: August 7
 (or until sold out)
Instructor: Michael Shepherd (JPMorgan Chase) 

Now that your SBA 7(a) loan if fully funded, what happens when the borrower wants to make some type of change, for instance to the ownership structure of the company, to life insurance coverage (change companies, get a loan against the policy, or discontinue coverage), to the type of interest rate, or, to pay down a loan on standby? These servicing actions don’t impact the loan’s collateral, yet still require a lender to take and carefully document a servicing action. This session uses the requirements found in the SOP 50 57 2 to walk lenders through some common servicing actions that do not involve collateral and discusses what a responsible 7(a) lender must do to protect the SBA guaranty. (A future session on August 23 will cover servicing actions that do involve collateral.)

LIVE Presentation Runs: 1:00-2:30 pm Eastern | Noon-1:30 pm Central | 11:00 am-12:30 pm Mountain | 10:00-11:30 am Pacific

Instructions for login will be distributed approximately 24 hours in advance of the session!

*Any transmission or retransmission to additional sites/rooms by any means, including, but not limited to, the use of a telephone conference bridge (whether or not owned by the registrant), is strictly prohibited.

First line = $345

Additional Lines:
2-10 additional lines = $145 for each additional line
>10 additional lines = $125 for each additional line
Purchase additional lines online or download a registration form at

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