Nick Rice
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Activity overview
Latest activity by Nick Rice-
Nick Rice created an article,
Release Notes May 18, 2023
New Link for Current Index Rates Under Deal Details on the Deal Page, Blooma has updated the link to display current index rates. The rates are now shown here on Chatham Financial’s website. Upda...
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Nick Rice created an article,
Release Notes May 4, 2023
New Data Providers in Blooma Blooma has replaced and/or enhanced a few of the sources that provide relevant and up to date data for our users: Crime Risk Data is now provided by HazardHub Cap R...
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Nick Rice created an article,
How can I edit LTV and/or LTC?
You can change the Default Valuation utilized to calculate LTV. Automatically, the Market Valuation is selected as the “Default Valuation”. To change this, you need to navigate to the Property Inco...
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Nick Rice created an article,
How can I apply a Portfolio Stress Test to a specific group of deals?
The stress test will be applied to the deals displayed prior to clicking 'Run Portfolio Stress Test”. A portfolio stress test can be applied to deals in the pipeline, portfolio, paid off, or reject...
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Nick Rice created an article,
How do I edit the Sales Comp Valuation?
The Sales Comp Valuation cannot be manually edited. The valuation is calculated based on the individual sales comps selected in Blooma as well as the collateral square footage. Valuations can be an...
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Nick Rice created an article,
How do you categorize a deal after it has been originated?
Once a deal has been approved and funded, then you can move the deal from the pipeline to the portfolio folder by selecting the Originate Deal button on the top right-hand side of the deal summary ...
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Nick Rice created an article,
How can you categorize a deal if it has been declined, or you are no longer pursuing it?
You can move any deal you are no longer pursuing to the Rejected Deals folder. The Rejected Deals folder can be found by clicking on the three dots located on the top right-hand side of the deal su...
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Nick Rice created an article,
Can I manually add my own comps to a deal if they haven’t been automatically populated in the system?
Yes, users can manually create additional rent and sales comps. Simply click the three dots on the right corner of the comparables page and select create comparables.
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Nick Rice created an article,
After a deal is created how do I upload additional documents for parsing?
Upload the documents through the Document Upload Center located on the bottom left of the deal summary page. After the files are uploaded and parsed, users will receive an email notifying them when...
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Nick Rice created an article,
How do I create a deal with multiple collaterals or component types?
If a deal is submitted using intelligent deal creation, then the AI can create multiple collaterals or component types based off the information provided in the supporting documents. The user just ...