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WEBExpress: Common Servicing Actions That Involve Collateral
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WEBExpress: Common Servicing Actions That Involve Collateral

8/22/2019
When: August 22, 2019
Noon - 1:30 pm CENTRAL TIME
Where: TIME SHOWN IS CENTRAL TIME
Access instructions provided via email 24 hours prior to event
United States
Contact: NAGGL
405.377.4022


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August 22

WEBExpress: Common Servicing Actions That Involve Collateral

Fee (per location connection): $355 Mbr; $535 Non-Mbr; $285 Govt
Registration Deadline: 
August 20
Instructor: Rachel Zippwald (NAGGL)

SBA requires 7(a) lenders to service their portfolios in a diligent, commercially reasonable manner using the requirements found in the SOP 50 57 2. Many servicing actions impact the collateral securing the loan, such as when a borrower buys or sells personal property, a guarantor, buys, sells or refinances its personal residence, or if a business changes its legal entity type (e.g., a sole proprietor becomes a corporation). Listen in as Rachel Zippwald (NAGGL) walks lenders through examples of common servicing actions that involve collateral and discusses the careful steps a responsible 7(a) lender must take to protect the collateral – and the SBA guaranty!  

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 = $355

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 www.naggl.org/regform

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