98-14405. Securitization of the Unguaranteed Portion of Section 7(a) Loans

[Federal Register Volume 63, Number 104 (Monday, June 1, 1998)]
[Proposed Rules]
[Page 29676]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-14405]


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SMALL BUSINESS ADMINISTRATION

13 CFR Part 120


Securitization of the Unguaranteed Portion of Section 7(a) Loans

AGENCY: Small Business Administration.

ACTION: Proposed Rule; Correction; Clarification of Date of Public 
Hearing.

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SUMMARY: This Document corrects the preamble in the Summary of a 
proposed rule published in the Federal Register on May 18, 1998, 
regarding a public hearing on allowing all participating lenders to 
securitize the unguaranteed portions of 7(a) loans (63 FR 27219). The 
correction date for the public hearing is June 16, 1998. Only one 
public hearing will be held. It will take place in the Eisenhower 
Conference Room on the 8th floor of the SBA Headquarters building 
located at 409 3rd Street SW, Washington, DC 20416.

FOR FURTHER INFORMATION CONTACT: James W. Hammersley, [phone].

Correction

    In proposed rule, 63 FR 27219, dated May 18, 1998, make the 
following correction in the Summary section. On page 27219, in the 
first column, replace the second-to-last sentence of the first 
paragraph of the Summary section with the following:
    ``In addition, SBA is providing notice of a public hearing set for 
2:00 p.m. on June 16, 1998.''

    Dated: May 27, 1998.
LeAnn M. Oliver,
Acting Associate Administrator for Financial Assistance.
[FR Doc. 98-14405 Filed 5-29-98; 8:45 am]
BILLING CODE 8025-01-P