13 C.F.R. § 120.423
Current through October 31, 2024
A Lender may only securitize 7(a) loans that will be fully disbursed within 90 days of the securitization's closing date. If the amount of a fully disbursed loan increases after a securitization settles, the Lender must retain the increased amount.
13 C.F.R. §120.423