Solutions
DepotPoint dramatically simplifies and automates the loss mitigation and REO management and disposition process. Through its flagship solutions, TrackPoint Loss Mitigation and TrackPoint REO, servicers and investors are equipped with the tools necessary to optimally manage their assets.
Both solutions feature a flexible workflow engine, intelligent automation, custom reporting and comprehensive data management. They empower companies to recover assets more quickly, reduce their average costs per transaction, and quickly scale operations.
DepotPoint's TrackPoint solutions effectively help users schedule and track each step in a short sale or REO transaction by providing optimal automation from start to finish. The solutions are built on a common platform with a common user interface, and can be deployed separately or in unison, integrating to a servicer's own systems to provide measurable improvements in efficiency and time to asset recovery.
Features common to both TrackPoint solutions include:
- Customizable workflows
- Real-time detailed status updates
- Electronic document storage
- Process-driven compliance
- On-demand scalability across multiple locations
- The industry's highest standard of security
The technology is conveniently available as a web-based, software-as-a-service (SaaS) platform, hosted and administered by DepotPoint. There's no software to install or maintain, and no internal staff support is required. The technology is scalable across multiple locations, and can effectively interface with existing servicing platforms. In addition, no upfront capital investment is required.
Read about each TrackPoint solution:
