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ForeclosurePoint

DepotPoint Difference

One stop shop for managing foreclosures

DepotPoint Field Services Organization includes a nationwide network of servicers with committed timeline guarantees.

All field activities takes advantage of the DepotPoint core technology and utilize web modules that link with the central tracking engine to provide a faster more accurate service at a lower price.

All external vendors have access to digital tools that provide for electronic communication, digital notice creation, and delivery of critical timeline alerts.

Upcoming services include electronic auction service with real time bid tracking.

		Same Day Posting of FHLMC and FNMA designated files in certain counties
		All other postings done within 24 hour of receipt – excluding certain remote locations
		Receive and transmit notices electronically to improve timelines and quality of documentation
		Digital copy of Proof of Service/Posting generated and maintained electronically
		Access affidavits up to 5 (five) years after the file has been completed via a password protected web page
		Posting/service dates updated within 48 hours of completion

		Transmit publication orders electronically eliminates typesetting errors and reduces timelines
		Electronic confirmation and tracking of publications
		Cost of publication received the week of the first pub date
		Affidavits of Publication received after completion of publication and maintained in the system for up to 5 (five) years

		DepotPoint will provide and manage the auction sale site and provide Cryer Services
		DepotPoint will generate all scripts and include a two week Auto Postponement clause
		Bidding instructions accepted up to the time of sale, without penalty - with the exception of cancellations
		Upcoming electronic auction facility