SBA Ends Bot Access to E-Tran System
The Small Business Administration has restricted the use of robotic processing automation, or RPA, to enter Paycheck Protection Program loan...
Newsbytes
Mnuchin: SBA to Review PPP Loans Over $2M
The Small Business Administration will conduct a “full audit” of Paycheck Protection Program loans made in amounts over $2 million...
Banks Report E-Tran Difficulties; SBA Lowers PPP Bulk Submission Threshold
At the urging of ABA, the Small Business Administration and Treasury Department announced this afternoon that they have lowered the...
FHFA’s Calabria Rebuts Claims about Lump Sum Payments for Borrowers Exiting Forbearance
In response to recent concerns raised about the repayment terms for mortgages backed by Fannie Mae or Freddie Mac that...
Maryland Bank CEO Reflects on First Round of PPP Applications
With the SBA’s Paycheck Protection Program set to re-opening for applications tomorrow, a Maryland bank CEO this weekend recounted his...
SBA Announces Measures Aimed at Smoothing Operations Ahead of Paycheck Protection Program Restart
With the U.S. Small Business Administration expecting a high volume of Paycheck Protection Program loan applications when the E-Tran system...
SBA Issues Guidance on Calculating Max PPP Loan Size
With the Small Business Administration reopening its E-Tran system for Paycheck Protection Program applications on Monday morning, SBA last night...
CFPB Issues Guidance on Residential Mortgage Transfers
The Consumer Financial Protection bureau on Friday issued guidance for transferring mortgage servicing rights to a servicer or sub-servicer.
SBA to Resume Taking PPP Applications on Monday at 10:30 a.m. EDT
The Small Business Administration will resume taking Paycheck Protection Program loans via its E-Tran platform on Monday morning at 10:30...
ABA, Consumer Group Ask FCC to Provide Immediate Relief to Facilitate COVID-19-Related Calls
As banks seek to contact customers with COVID-19-related information, ABA and the National Consumer Law Center on Thursday urged the...
