Collateral360
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    Collateral360

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    Article summary

    Imagine a single platform that can reduce lending process timelines, provide advanced business intelligence, and simplify regulatory compliance. It’s time to work smarter, not harder.

    Workflow Efficiency

    Process 30% more loans by streamlining data collection, due diligence, and risk analysis.

    Competing in today’s commercial lending environment requires institutions to seek opportunities to be faster and more efficient while reducing costs.

    LightBox helps lenders realize operational efficiencies by connecting the core systems, processes, and people associated with property due diligence. Manage all aspects of due diligence in one secure Saas environment, reducing loan origination time by streamlining tasks across your entire enterprise.

    Risk Management

    Improve your risk reviews and decision-making on properties, environmental, flood, and more.

    Understanding property-level risk is critical to supporting a credit decision on real estate. Even after closing, access to timely information on a property or portfolio is imperative.

    LightBox enables you to better manage property-related risk as part of the underwriting process and over the loan life through access to accurate data and higher quality risk analysis and reviews. Incorporate lending policies into your workflow to ensure each transaction is managed to credit, risk, and regulatory standards through our policy-infused technology.

    Compliance

    Simplify compliance with bank regulators and gain better control over your lending operation.

    The pressure is on banks and lenders to make better real estate decisions at a much faster pace than ever before, even as compliance requirements continue to grow.

    LightBox enables you to infuse lending policies into your workflow to ensure each transaction is managed to credit, risk, and regulatory standards. Easily comply with FIRREA, vendor management and information security protocols.

    Business Intelligence

    Build powerful intelligence and actionable insights for your lending operations.

    In today’s competitive real estate market, lenders require new ways of capturing data and leveraging it in more strategic ways.

    LightBox is helping to elevate business intelligence by capturing data during the lending process to build powerful insights around all aspects of your CRE operations. Our powerful reporting allows you to turn data into action.

    BY THE NUMBERS

    1200+ Lending institutions rely on LightBox

    $2 Trillion+ Real estate loan transactions supported annually

    $470 Million Due diligence services procured annually

    20% Of all CRE transactions go through LightBox solutions

    Streamlined Operations

    • Vendor Procurement:  Bidding, award, engagement, project management, reporting

    • Environmental Due Diligence:  Desktop screening, RSRA, Phase I/II, PCA

    • Compliance:  FIRREA, Reg Z, Internal credit policies

    • Valuation:  Appraisal, evaluation, price opinions, and reviews

    • Reporting:  Complete commercial real estate lending operations

    Better, Faster Decisions

    • 50% reduction in audit preparation time

    • 30% more real estate loan transactions processed

    • 28% reduction in loan origination time

    • 25% reduction in compliance-related expenses

    Credit: https://www.lightboxre.com/products/lenders/

    Product Demo:

    C360/Parcel – Tom Adams

    https://lightboxre.zoom.us/rec/share/CgaCUkGAiEjydyFJJac_VES8j1NOiRxDSCN4V25k4kastcNdJC_QFKJC4cUZt7XA.G2SttpUKeEDp9eVn

    Passcode: bzc$6qsP


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