Code of Federal Regulations · Section

§ 120.423 — Which 7(a) Loans May A Lender Securitize?

13 C.F.R. § 120.423

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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. § 120.422 13 C.F.R. § 120.424

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