Smaller Lenders Stand Ready But Need Help
May 5th, 2008 | By Dawn Rivers Baker | Category: Politics & PolicyLawmakers at a House subcommittee hearing last week seem to have uncovered the real problem with the SBA loan guaranteed program, which has seen an 18% decline in loan volume so far this fiscal year. First, a handful of large banks that happened to be hip-deep in the sub-prime mortgage mess were making 60% of [...]
