§ 120.423. Which 7(a) loans may a Lender securitize?
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/us/cfr/t13/s§ 120.423·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.