Financial management is a broad field of expertise. Office of Financial management (OFM) contains several sub-disciplines including General, Real Estate, Insurance and Investment. Most of the employees are specialists in financial or securities transactions, banking, insurance, pension and retirement, commercial real estate, consumer credit, structured settlements and trusts and other related financial products.
General services cover all areas of real estate related to commercial properties such as commercial mortgage banking, commercial real estate loans and financing, commercial mortgage servicing, commercial real estate financing, commercial real estate tax and lease payment. Other services include consumer credit counseling, business credit counseling, structured settlement marketing, and investment accounting. Each of these areas requires a different level of experience.
Real estate related services include commercial mortgage banking, structured settlements and trust administration, residential mortgages on commercial real estate. The Mortgage Brokers Association (MBAA) and Mortgage Brokers Association (MBA) are organizations of national or regional associations. Other specialized real estate related services include appraisal, real estate marketing, real estate investing, commercial real estate financing and investment management.
Mortgage Brokers Association (MBAA) is a trade association for brokers who provide commercial mortgage financing. Its mission is to promote the interests of brokers and dealers in commercial mortgage financing by ensuring compliance with Federal and State regulations, promoting the professional qualifications of brokers, by ensuring the integrity of the brokers’ business practices, by promoting the quality of loans and mortgages offered by brokers, by encouraging participation by brokers and dealers in the mortgage financing industry, and by educating and assisting brokers and dealers in the development of a more productive and effective system for providing commercial mortgage financing. The MBAA is a member of The National Association of Home Dealers.
MBAA has helped its members by providing educational seminars, professional development programs, continuing education opportunities and professional networking opportunities. Membership in MBAA provides access to an exclusive database of publications, seminars, news and resources. MBAA members are also eligible for discounts on business magazines and information relating to commercial real estate financing and to assist them in their commercial property investments.
Investment management includes all aspects of real estate and investment management, including managing investments, planning, financing, maintaining, and closing the transactions. Investment Management manuals are available from many sources. A real estate investment management manual covers all aspects of investment management such as budgets, capital planning, credit, debt management, business finance and taxes and title insurance. The Investment management manual has the necessary information on how to prepare real estate tax returns, make mortgage loans, maintain property taxes and obtain title insurance.
The Investment management manual provides basic information on how to prepare and maintain investment management policies, procedures, financial statements, and prepare business plans. There are also sections for general financial matters such as managing and organizing the estate; investment accounting and insurance and investment management, and managing the business accounts. An investment management manual provides guidelines for purchasing and selling real estate and information about real estate taxes and title insurance. It also gives step-by-step instructions for the collection and filing of tax returns, making mortgage loans, and preparing and submitting the annual tax returns.
The Investment management manual also provides information on investment securities such as mortgage-backed securities, stocks, bonds, certificates of deposit, money market funds, and treasury bills. Investors can also learn about managing their own retirement accounts. Investors and the general public will benefit from investment management guides that explain how to determine investment objectives, analyze investment opportunities, develop investment strategies, select investment securities, obtain advice on purchasing or selling securities, and protect their investments by investing in diversified portfolios.
The Investment management manual provides comprehensive information on how to buy, sell, and manage a portfolio of real estate, business equipment, computers, and other electronic or intangible assets. The manual also provides an investor’s guide to purchasing, selling, and managing mutual funds, investment vehicles such as insurance, and bonds, and managing business accounts.
The MBAA offers investment management seminars, webinars and conferences that teach you the basics of commercial property investing and the basics of commercial real estate management. MBAA members have access to a library of over 500 investment books, software and seminars covering investment management topics, and the investment services of a variety of authors and publishers. Membership also allows access to a website containing a wealth of valuable information about commercial real estate, the latest investment trends, and tips on how to find successful investment ventures.