Commercial Mortgages and the Internet - Part 4

As I wrote in my last post, the commercial loan matching/submission process is just the first point in a potentially long line of communication between the commercial lender and the broker or borrower; and at the moment we are focusing on that point. However, we are also keenly aware of that longer line of communication that follows, and are constantly thinking about how the technology can be applied to it.

Everyone in the industry already uses the internet throughout the process of origination, whether they merely send a couple of emails here and there or are using a full-fledged networked documentation system. So again it's a question of expanding and refining that use of the internet for the specific needs of the commercial mortgage industry. How can we centralize the information, documentation and correspondence related to a particular commercial mortgage transaction? How can we make all of this more easily accessible to the interested parties and streamline its exchange?

As always, we're interested in hearing what commercial lenders and brokers think about these ideas and about any other features that might be useful. Feel free to leave a comment here to let us know what you think.