This software, developed by CapitalThinking Inc., based here,enables users to streamline and automate key aspects of the entireloan process including the origination, data formation, duediligence, securitization and closing phases.
"PNC real Estate finance has already made tremendous strides inintegrating technology into its business, so using Bluewire tostreamline our commercial loan origination process is a naturalfit," says Scott Bassin, senior vice president of PNC.
PNC is headquartered in Pittsburgh and operates out of nineoffices across the country. It real estate services platformincludes Columbia Housing Partners LP, a national syndicator ofaffordable housing equity, and Midland Loan Services, a nationalservicer of commercial mortgage loans.
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