Agricap Financial Corp...
In 2005, Agricap was a mid-market mortgage lender Morein California serving the Pacific region and Central America. Their overall agricultural finance business was growing, but their mortgage lending business was actually shrinking. The process of collaborating with mortgage brokers to put together a loan package took so much staff time that they barely had time to service the loans they had.
The CEO, Richard Kostkas, told us of his problem. Within three months, they were up and running on the EaseMore loan origination system. Kostkas says, “With EaseMore, we now have the capacity to double our mortgage portfolio every six months.”
TBE...
In 2004, TBE won a mandate to do shadow servicing for a portfolio of more than 500,000 Belgian property tax receivables. More
Initially, they spot checked manually to confirm that the information used in building the waterfall was accurate. This was okay, but if they needed to do more in-depth analysis because they found errors in the spot checks, it strained their capacity.
When their deadline for completing monthly activity was cut from two weeks to two days, they turned to the Early Warning System. In its first month of operation, the system detected over 200 errors. These would have made a material difference in the bond waterfall, potentially costing TBE a drawdown on the portfolio’s liquidity facility and a loss of investor credibility. Thanks to the Early Warning System, this crisis never materialized.
Unamed UK Lender...
Would you rather have $120,000 today or $140,000 18 months from now? Most bankers would agree that the answer depends on several factors – target rate of return, internal cost of capital and a host of other details. Whatever the answer is, wouldn’t you want to make that decision – instead of having the decision made by default because nobody had the time or information to consider the options?
That’s the situation our client faced early in 2008. More
Asset managers were spending many hours extracting data from the loan administration system preparing for weekly portfolio reviews – yet they still often found themselves behind in responding to the long-term implications of events involving the loans and properties they managed. Our client called EaseCap and found that the Asset Manager module in the easebox suite was ideally suited to be tailored to their asset management needs.
With the EaseCap Asset Manager, asset managers and portfolio managers speak the same language. When the NPV of an alternative strategy became better than the current strategy due to changes in facts on the ground, client managers can now respond at once. This ensures that they not only know that they are following the best strategy for a given property – they can explain clearly and simply why that strategy is the best. Today, our client's asset managers spend less time managing more that twice as many properties per manager as before. With the limited number of skilled asset managers in today’s market, this is a priceless boon for the client's management team. Download A Copy
Contact EaseCap |
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Email:
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Europe: |
info@easecap.com
+1 (704) 405-5467 x-2001
+49 (69) 6636-9846 |
(828) 688-9200
(69) 6300-1868
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