Now, when the SBA changed the 7a lending rules, Members of this committee repeatedly voice their concerns that changing the underwriting standards would lead to increased default rates.
Roger Williams: “Now, when the SBA changed the 7a lending rules, Members of this committee repeatedly voice their concerns that changing…”
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Williams highlights concerns over new lending rules leading to higher default rates.
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Mr. Speaker, I thank my colleagues, Mr. Meuser and Mrs. McIver, for working together in a bipartisan way on behalf of strengthening the SBA's flagship 7(a) loan program. For too long, a few bad actors have damaged one of the most…
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