Overby Mangum

As of late, loan participation technology has made the process of selling and buying participating loans significantly more efficient. Historically, loan participation transactions have been executed through brokers. This model imposes high transaction costs by limiting the pool of potential buyers and creating a lot of manual work for the…[Read more]

The best way to ensure compliance and improve your construction loan management system is with a software that streamlines the process. The most popular software solutions help track and manage approvals. They help you keep track of critical draw disbursements and surfacing issues. This construction loan management software is a must-have for any…[Read more]

A cloud-based construction loan management system is the key to managing multiple projects. It eliminates paper-based tasks and allows clients to request draws digitally. It also enables collaboration with key stakeholders. The firm was selected for its ability to monitor different types of construction loans and its robust reporting capabilities.…[Read more]

One of the main purposes of construction loan software is to ensure that there is enough funding for the entire project. Many tasks in a construction loan are manual, such as data entry, spreadsheet updates, and handwritten notes. Technology allows for easy data flow between systems, while providing a centralized interface for submitting documents…[Read more]

Automating loan participation has many advantages for banks. The process of obtaining and processing loans has become more transparent and efficient, and it has also been shown to free up valuable space on banks’ balance sheets. It has also made loan participation easier and more transparent. While participating in a loan program has been a…[Read more]