XCONOMY via SEATTLE POST-INTELLIGENCER - August 11th, 2010
By Thea Chard

Bellevue, WA-based DepotPoint, a provider of a Web-based tracking platform for the real-estate foreclosure market, has raised $2 million in equity out of a $4.5 million offering, according to a regulatory filing. Read More — >

AgentConnectSM delivers marketing exposure to real estate agents with short sale, REO expertise;TrackPointSM Platform fully compliant with federal short sale initiative

Bellevue, WA, April 13, 2010 – DepotPoint, Inc., a leading provider of default servicing workflow solutions, has launched AgentConnect, a tool for real estate agents which provides valuable marketing exposure and is designed to help qualified agents gain visibility from DepotPoint’s short sale and REO clients. The company has also announced that its TrackPointSM solution for short sales is fully compliant with the U.S. Treasury’s Home Affordable Foreclosure Alternatives (HAFA) program, which went into effect last week.

AgentConnect is a powerful web-based tool for qualified real estate agents who want to help troubled homeowners gracefully exit their properties and mortgage commitments through short sales. For only $99 a year, agents can create a profile featuring their credentials and previous short sale and REO expertise, and be placed on a list of qualified short sale or REO agents in their market area. When agents are assigned to a short sale or REO property, all of their activities within the workflow will be tracked and compiled into performance scores available for viewing by DepotPoint’s clients. Read more >

The U.S. government encourages short sales as a helpful solution to the nation’s growing foreclosure crisis, but borrowers and lenders are having trouble executing short sales

Bellevue, WA and Long Beach, CA, February 22, 2010 – AssetPlanUSA, a nationwide provider of foreclosure alternative solutions, and DepotPoint, a provider of default management workflow solutions, announced they have joined forces to work with Servicers and Lenders to help the mounting number of troubled borrowers facing foreclosure understand the benefits of opting for a short sale, and help them successfully pursue one. AssetPlanUSA plans to use DepotPoint’s technology to help its clients and their borrowers effectively achieve short sales. Read more >

SEATTLE (November 4, 2009) — DepotPoint, Inc., today announced that James G. Jones, with 35 years of management experience in banking, consumer lending, payment processing and related financial services, has joined the company’s Board of Directors. Read more >

SEATTLE (October 8, 2009) — DepotPoint, Inc., today announced that financial services industry veteran Joe Filoseta has joined the company as Senior Vice President, Business Development & Strategy. Filoseta is based at the company’s headquarters in Bellevue, Washington. Read more >

Nations REO, Inc., a division of FMC ( Foreclosure Management Company ), today said it has deployed DepotPoint, Inc.’s TrackPoint platform to power the company’s REO workflow and property management operations. Read more >

Allows Asset Managers, Mortgage Servicers, Law Firms and Title Companies to Easily Process the Short Sales of Homes in Pre-Foreclosure

SEATTLE (October 15, 2008) — DepotPoint, Inc.’s TrackPoint online workflow application suite, which streamlines the tracking and management of foreclosure properties, now offers a short-sale module to facilitate the fast, efficient processing of short sales by homeowners facing foreclosure.

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Custom Web Portal Will Allow Law Firms, Title Companies, Lenders and Servicers to Share Title, Disposition and Management Information in Real Time

Improving Productivity to Dramatically Reduce Property Carrying Costs

SEATTLE (July 16, 2008) — Ticor Title Company of California, a leading real estate title company and subsidiary of Fidelity National Financial, Inc., has selected DepotPoint, Inc.’s Default and REO TrackPoint online workflow applications to streamline the tracking and management of thousands of properties in all stages of distress.

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- OVP Venture Partners Leads Round with Participation from Trident Capital -

- Company Sees Broader Adoptions of its End-to-End Default Management Platform and Growth in its Recently Launched ForeclosurePoint Marketplace -

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Creator of ForeclosurePoint.com and TrackPoint Default Management Solutions Strengthens its Leadership Position with Added Expertise from a Leading Venture Capital Firm

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