Banker Praises SBA 7(a) Program in Congressional Testimony

Ted Ashby, president and CEO of Surrey Bank and Trust in Mount Airy, N.C., also offered several suggestions for strengthening the 7(a) program.
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Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 4.21 percent for
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President Trump met with nearly a dozen community bankers on Thursday, pledging to ease regulations the industry says has stifled its growth.
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Securities lending is the act of loaning a stock, derivative or other security to an investor or firm. It requires the borrower to put up collateral whether
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“The 10-year Treasury yield rose about 10 basis points this week,” Freddie Mac Chief Economist Sean Becketti said. “For the first time in weeks, the
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For the sixth consecutive year, Google has earned the title of “world's best company to work” in a ranking bestowed by Fortune under Fortune 100 list.
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Carilend Ltd officially launched its peer-to-peer (P2P) lending website last week, introducing a process that matches lenders (who can lend from $2
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But they're finding their way back into the housing market, says a new survey, while buying bigger dwellings than any other age group and grabbing
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Last week, Boston Mayor Marty Walsh announced the creation of a new Business Capital and Finance Unit, to “prioritize small business lending in
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Existing home sales in January increased 3.8% from the same time last year. The median existing home sale price of $228,900, meanwhile, is up
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In recent years, the rise and rise in agricultural property values has created a solid base on which banks have been able to secure their lending to
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ARMs tend to increase in popularity when mortgage rates are low and are … “We do portfolio lending which is adjustable rate,” says Gendels. “That's
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It's not a good sign for retail when a top executive in the industry compares things to the 2008 housing-market collapse that plunged the US economy
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Fewer Colorado Springs homeowners are underwater on their mortgages, thanks to a stronger economy and improved housing market, a report
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The New Housing Price Index (NHPI) edged up 0.1 per cent in January compared with the previous month. The increase was largely attributable to
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Rising rents and narrowing spreads between the cost of ownership and the cost of renting are making this a good time to buy a home in most cities in
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Bank lending in China ramped up significantly in February, in a positive sign for the economy, but some economists expected higher financing costs
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A litigation funder says it has created a 'unique' service helping to finance court fee costs. SpectraLegal Ltd, formed by Canadian financier BridgePoint
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The news release of Stonegate Mortgage Corporation (the “Registrant”), dated March 9, 2017, announcing its fourth quarter and annual 2016 financial
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Although there is always a buzz around lenders and advisers that venture to be different, the industry still underdelivers on innovation. The innovation
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