SBA-504 first mortgage lenders are now able to sell 85% participation interests of individual loans to pool originators. This new program, announced May 13th at the annual NADCO conference in Savannah, covers 504 loans funded after February 17, 2009.

The first loan pools are expected to be ready for sale by July 15th.

Join us on Wednesday, May 19th, 2010 to listen to two of the industry's experts on how this program will work.

If you are lender who has made SBA-504 first mortgage loans these experts will guide you through this new process.

Join this Webinar to Learn:

• What is the 504 1st Lien Guaranteed Pool Program?
• The benefit to community, regional, and large bank lenders?
• The pros and cons of forming your own pool or selling the loan to a pooler
• What CDC's can do to facilitate lender participation in the program?
• What level SBA lender do you need be to participate in the program?
• What is the profitability on sale?
• How much of the loan does the lender need to retain when forming a pool?

Robert Judge
Partner
Government Loan Solutions, Inc.
ROBERT JUDGE possesses twenty-five years of fixed income trading and research experience with nationally, and internationally, recognized financial organizations. For the first fifteen years of his career, Bob worked in New York City as an institutional corporate bond trader with Nikko Securities, Yamaichi International, Deutsche Bank and Furman Selz.
In October 2006, Bob, along with Scott Evans and Rob Herrick, founded Government Loan Solutions, Inc. (GLS), for the purpose of bringing greater efficiencies and productivity to the SBA marketplace, through the use of technology. Bob holds a B.A. in Economics from Vassar College and an M.B.A. in Finance from the Stern School of Business at New York University.

Jordan Blanchard
CDC Direct Capital
(a wholly-owned subsidiary of CDC Small Business Finance)

Jordan Blanchard has been involved in SBA 504 lending for the last 20 years.

Currently, Jordan is executive vice president and manager of CDC Direct Capital, a wholly owned subsidiary of CDC Small Business Finance Corp. His focus is providing liquidity solutions to 504 first mortgage lenders as well as developing strategic partnerships for traditional and non-traditional lenders interested in offering 504 first mortgage loan options.

For the past year, Jordan has been dedicating significant time and resources to the pending SBA First Lien Mortgage Pool guarantee program. He is currently working with Pool Originators, Sellers, Investors and SBA to develop an active market once the guarantee program becomes effective. He is one of the founders of Secondary Market Access (SMA), a consortium of CDC's and financial companies that have organized to source 504 first mortgages, then package, underwrite and facilitate funding through Pool Originators. SMA will be offering a number of ancillary services related to the guarantee program such as valuation, settlement, identification of investors, and the purchase and sale of residual loan interests.

For quick registration call (800) 617-1380 or fill out the registration form
Download Registration Form

Moderator:
Bob Coleman
Publisher
Coleman Publishing
Bob Coleman has provided information to the government guaranteed lending industry since 1993. He is the nation's small business banking expert and is a frequent contributor for Fox Business News. He received a BA in Medieval History from the University of California at Santa Barbara and a MBA in Real Estate Finance from the University of Southern California.

We use GotoMeeting for our webinars. You may access the webinar in two different ways. To access the webinar via your computer screen we will send you a link from Gotomeeting to view the program.

There are two ways to listen to the presentation. You may listen to it directly from your computer via a VOIP headset. Or you may simply call in with your phone to access the program.

We will be sending you the webinar presentation a day prior to the event. This gives you the maximum flexibility to participate in this program on your terms: i.e. webinar, audio conference format.

Finally you may chose to receive a dvd or a podcast of the event.

1) Call Georgia Gonzales at 800-617-1380 ext. 2
2) Email bob@colemanreport.com
3) Register Online
4) Fax the order form to: 818-790-7859
5) Mail the order form to: Coleman Publishing, P.O. Box 546, La Cañada, CA 91012