Product Spotlight: Meet SBA Requirements with EDR’s LoanCheck® RSRA

Presented by

James Haberlen and Cathy Reed

About this talk

In response to the Small Business Administration's recent updated guidelines for a Record Search with Risk Assessment (RSRA), EDR is excited to announce the release of LoanCheck® RSRA, a powerful desktop screening tool that is not only SBA-compliant, but leverages the best available data, geocoding technology, and review tools. Join our Product Spotlight webcast where we’ll unveil this new, advanced RSRA report. With SBA’s new environmental guidelines that went into effect January 1, 2018, you’ll want to be sure you understand the new requirements, and the solutions available to help comply. EDR’s James Haberlen and Cathy Reed will provide an overview of this exciting new SBA report. They’ll discuss the latest advancements in geocoding technology to enhance mapping accuracy, the data that makes up an RSRA, and the market-leading Lightbox® data viewer that enhance the quality and speed of the opinion provider’s review. Other topics include: •Understanding SBA’s new RSRA requirements •The contents of a compliant RSRA •Interpreting the results of an RSRA •How to handle “elevated” or “high” risk results •Data types and sources Who should attend: Any Lender or Community Development Company originating Small Business Administration 7a or 504 loans.

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EDR helps real estate lenders such as banks, credit unions, capital investors and others with their property due diligence needs by simplifying their lending operations, improving risk management, and meeting ever increasing regulatory demands. Join our webcasts on Lending Risk Management topics.