SERVICING MANAGEMENT - November 2008
By John Clapp

Heightened REO volume, combined with less liquidity, has changed the way in which servicers view the auction space.
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DS NEWS - October 31, 2008

New DepotPoint Module Manages Short Sales

As the nation’s housing crisis continues, millions of homeowners are facing foreclosure. Short sales are a viable option for homeowners in default to escape the threat of formal foreclosure. DepotPoint Inc., based in Bellevue, Washington, has introduced a short sale module to its TrackPoint online workflow application suite, which streamlines the tracking and management of foreclosure properties. (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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The Title Report - September 10, 2008

Real estate network created to handle foreclosure properties

The partnership between DepotPoint and Alpha Closings will help asset managers, loan servicers and banks dispose of foreclosed properties.

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BYLINE: Jennifer Harmon
SECTION: MANAGING REO; Pg. 22 Vol. 12 No. 8

The right technology can strengthen data access and workflow as well as improve communication between REO managers and service providers.

Web-based solutions are available that enable REO managers to automatically loop service providers into the property preservation process, enhancing communication and reducing time lags, which helps dispose of the real estate assets even quicker. That’s crucial in today’s turbulent market.

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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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