The 7(a) Program Risk Oversight Act modifies the annual report of the Office of Credit Risk Management.

The 7(a) Program Risk Oversight Act amends the Small Business Act to modify the annual report of the Office of Credit Risk Management. It requires the report to include an analysis of program risk for loans guaranteed under section 7(a), set forth separately by the type of institution that originated the loan and by the dollar value of the loan. It also requires the report to include the number and total dollar amount of loans guaranteed under section 7(a) that are in default, between 31 and 59 days past due, deferred, or delinquent, set forth separately by the type of institution that.

The 7(a) Program Risk Oversight Act modifies the annual report of the Office of Credit Risk Management.

The 7(a) Program Risk Oversight Act amends the Small Business Act to modify the annual report of the Office of Credit Risk Management. It requires the report to include an analysis of program risk for loans guaranteed under section 7(a), set forth separately by the type of institution that originated the loan and by the dollar value of the loan. It also requires the report to include the number and total dollar amount of loans guaranteed under section 7(a) that are in default, between 31 and 59 days past due, deferred, or delinquent, set forth separately by the type of institution that.