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Ring Halvorsen posted an update 2 years, 1 month ago
In recent years, loan participation technology has become more efficient. The advent of integrated loan origination and portfolio management technology has opened up more opportunities for lenders to participate in this complex credit management strategy. Although this method still requires a high degree of trust and due diligence, the newer…[Read more]
Ring Halvorsen posted an update 2 years, 1 month ago
With the growing use of loan participation automation software, banks can now share information about loans more easily. Automating this process can increase efficiency and liquidity by allowing banks to quickly access and share information. Customizable reporting functions and the ability to share data anywhere can make the process easier than…[Read more]
Ring Halvorsen posted an update 2 years, 1 month ago
The advent of loan participation technology has paved the way for more seamless, effective loan origination and servicing. While the first generation of the technology focused primarily on automated credit scoring, today’s models require a higher level of due diligence and transparency, which are required by the FDIC. Increasingly, financial…[Read more]
Ring Halvorsen posted an update 2 years, 1 month ago
The construction loan process is a time-consuming and often stressful process. With hundreds of documents, spreadsheets, and tens of emails to prepare and send, it’s easy to see why many construction lenders are turning to construction loan software to help streamline their processes. With a centralized platform, construction loan software can…[Read more]
Ring Halvorsen posted an update 2 years, 1 month ago
One of the most common problems in the construction loan process is the amount of documentation required. It can be time-consuming and stressful. Oftentimes, it involves hundreds of PDFs, spreadsheets, and emails. Rather than wasting your time on these details, consider using a centralized software system. Not only will it streamline your work,…[Read more]
Ring Halvorsen became a registered member 2 years, 1 month ago