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federal_register: 2020-28195

All Federal Register documents (rules, proposed rules, notices, presidential documents) from 1994 to present.

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts
2020-28195 Secondary Market Program-Proposed Regulatory Changes Proposed Rule The U.S. Small Business Administration (SBA or Agency) is considering a change in the structure of its secondary market 7(a) loan pool security to better align the collateral and cash flows to support the long-term viability of the SBA secondary market 7(a) loan pooling program. Specifically, SBA seeks public comment on the alignment of cash flows between the collateral (the guaranteed portion of 7(a) loans) and the pool security (Pool Certificate), the timely payment of scheduled interest and actual principal, and the publication of additional loan-level disclosure. The Agency is also seeking public comment on registering such securities in book-entry form. 2020-12-23 2020 12 https://www.federalregister.gov/documents/2020/12/23/2020-28195/secondary-market-program-proposed-regulatory-changes https://www.govinfo.gov/content/pkg/FR-2020-12-23/pdf/2020-28195.pdf Small Business Administration 468 The U.S. Small Business Administration (SBA or Agency) is considering a change in the structure of its secondary market 7(a) loan pool security to better align the collateral and cash flows to support the long-term viability of the SBA secondary market...

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