Unstressed Deals Added to Portfolio Stress Test Export
Upon exporting your portfolio stress test you can now see Deals that were unable to be included in your stress testing scenarios. The unstressed Deals will be added to a second tab in the template upon export. On this tab you will see some information about the Deals themselves along with the reason they were not able to be included.
Unique ID Field for Contacts
With the addition of a new Contact ID field, users can store unique ID numbers for each contact in Blooma. Contact ID numbers can be added upon contact creation, and will be included in Deal data downloads as well as template downloads.
Option to Manually Create Company Balance Sheets/Income Statements
Previously only tax returns were accepted, now you can upload company financials in whatever form you might receive them. Accurately capture company financials which will reflect in key overall metrics of Deals with guarantors/borrowers including DSCR. Navigate to the balance sheet or income statement tab under the company you’d like to upload financials for and click “Upload Balance Sheet” or “Upload Income Statement” accordingly.
Limits Removed for Risk Rating Scale
Now a user may utilize whichever risk rating scale they may prefer. Whether they would like to use a 1-8 scale as previously shown in Blooma, or their own proprietary scale, this new functionality allows for the use of either or both. Edit risk rating for portfolio Deals under “Deal Details”.
Filter Comparables by Number of Bedrooms
Blooma has added a new filter for rent comparables. For Multi Family Deals, a user can now navigate to the rent comparables section and filter their list of comparables to only see relevant comps with specific numbers of bedrooms in the unit mix.
Updated Tab Design and Functionality
Blooma has updated the tab design and functionality for Deals with multiple Rent Rolls, Collaterals, and Income Valuations. See all your tabs in one place with new spacing and functional design.
Minor Bug Fixes
Deal sizing and loan pricing DSCR (Amortizing) now calculating correctly
Other Income no longer displaying as a negative
Sources and Uses table now displaying changes correctly
Sources and Uses table improvements
Metric value formatting realigned for key values
Stress test header bar layout realigned
Template download no longer returning error message for users with investor credentials
Users with investor credentials allowed access to Deal funds
Score Details modal updates
Leftover comparable data successfully cleaned from new Deals