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Salomonsen Burch posted an update 3 years ago
A leading loan participation technology company is leveraging the experience of two highly-respected industry professionals. Jeff Miller and Molly Snody will be implementing this innovative technology and will help credit unions find and manage the right loans for their customers. Together, they have proven track records for facilitating long-term…[Read more]
Salomonsen Burch posted an update 3 years ago
If your business requires construction loans, you’ve probably looked for construction loan software. With the right solution, you can automate the entire construction loan process, eliminating paper files and spreadsheets. And with the latest lending and risk management technology, you’ll be able to better serve your stakeholders and your…[Read more]
Salomonsen Burch posted an update 3 years ago
Historically, loan participations have been transacted through brokers. This broker-based model has a number of disadvantages. First, it limits sellers’ access to a limited number of buyers, which leads to suboptimal pricing. Second, it requires expensive, time-consuming due diligence. And third, transaction and servicing are typically done by…[Read more]
Salomonsen Burch posted an update 3 years ago
The process of construction loan management can be a lengthy one. In addition to keeping track of all the paperwork, it also requires you to adhere to regulations. Without an effective construction loan management system, it’s difficult to keep track of project status and regulatory compliance. This article will discuss how to make the process…[Read more]
Salomonsen Burch posted an update 3 years ago
The role of a Construction Loan Administrator (CLA) is vital to the successful completion of construction transactions. In addition to overseeing disbursements throughout the life of the loan, they also coordinate the hands-on management of the project. Their responsibilities include site inspections, budget analysis, and reviewing third party…[Read more]
Salomonsen Burch became a registered member 3 years ago