CodeFi Solutions Presents at The 2017 South Carolina Bankers Association Spring Credit Conference
April 27, 2017
Columbia, SC - The 2017 South Carolina Bankers Association Spring Credit Conference was well represented by over 21 different member institutions with participants that included various C-Level Executives and Managers eager to participate in discussions related to technology that improves real estate loan portfolio performance and profitability.
Leading one of the continuing education breakout sessions was Bob Scales, managing director of CodeFi Solutions, LLC. During this session, Bob led the discussion on focusing on the major reasons for problems in real estate lending and offered solutions to enhance how lending institutions can manage the various project risks in the future. Participants were educated on how financial difficulties with development projects typically occur in one of five distinct categories and the importance of understanding these common risks and taking the necessary steps to avoid them utilizing technology as an important aspect of loan management.
Bob Scales is the Managing Director of CodeFi Solutions, LLC., a risk mitigation software firm specializing in process control and analysis systems for financial institutions and private development firms. Bob earned his degrees in Real Estate Development from The University of Florida. He has authored several publications on the management of the construction loan process. Additionally, he regularly presents seminars and webinars to various organizations regarding technology and process management.