Commercial Lending

Rep. Fincher Introduces Ex-Im Reauthorization Bill

Rep. Stephen Fincher (R-Tenn.) last week introduced a bill that would reauthorize the Export-Import Bank, whose congressional authority lapsed on July 1. The bill, H.R. 3611, is a companion to bipartisan legislation that enjoys broad support in the Senate.

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ABA Supports Bill to Reinstate SBA 504 Refinancing Program

ABA yesterday thanked Sens. Jeanne Shaheen (D-N.H.) and Johnny Isakson (R-Ga.) for introducing S. 966. The bill would reinstate the Small Business Administration’s 504 Loan Refinancing Program, which has helped thousands of small firms refinance more than $5 billion in commercial real estate debt.

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ABA Hosts Meeting to Address Rural Appraiser Shortage

To help address the pending shortage of rural property appraisers -- and the implications for agricultural and commercial credit in rural communities -- ABA’s Center for Agricultural and Rural Banking and ABA’s Commercial Real Estate Committee convened a meeting yesterday of key stakeholders from the banking industry, federal government, appraisal industry and others.

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ABA-Opposed CU Member Biz Lending Bill Introduced in Senate

ABA today voiced its opposition to a bill, introduced yesterday by Sens. Rand Paul (R-Ky.), Sheldon Whitehouse (D-R.I.) and Jack Reed (D-R.I.) that would raise the member business-lending cap for certain credit unions from 12.25 percent to 27.5 percent of total assets.

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Record Number of Comment Letters Filed on NCUA Proposal

The National Credit Union Administration received a record 3,086 comment letters on its proposed rule to expand member business lending, the agency said this week. Bankers responding to ABA’s call to action helped ensure that the majority of those letters – 2,759, according to NCUA – were opposed to the proposal. “This response makes a powerful statement. It shows that ...

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