Ohio nonbank, hard money lender and real estate investing company JEM Real Estate Partners has chosen Applied Business Software’s servicing technology to manage its growing commercial rehab loan portfolio, according to ABS.
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In addition to using ABS’s The Mortgage Office software to manage the loan portfolio, JEM is using the automation to provide reporting to its investor base.
The Los Angeles-based ABS said JEM found the flexible technology to be a match for its needs as a provider of short-term private-money financing for “fix and flip” clients, accommodating its emphasis on efficiency in making its in-house
