TrackPoint REO
TrackPoint REO is a web-based solution that allows investors to close properties faster, increase productivity and drive down the total cost of managing REO properties.
TrackPoint manages the REO process by guiding all users - including asset managers, REO agents, title companies and property preservation firms - through REO transactions with the fewest required critical-path tasks. Its centralized workflow engine balances workloads and reduces the time required to process REO properties, enabling more efficient use of staff.
The TrackPoint REO application streamlines REO processing by tracking and automating many required activities, and centralizes all communication and document processing, including offer submittal and acceptance. It can quickly assign properties to the most qualified REO listing agents, who can use TrackPoint's tools to communicate property status, valuation, and marketing plans designed to effectively promote each property.
The result is a faster and more efficient way to manage REO properties, leading to faster sales and better returns.
With TrackPoint REO, investors can:
- Import and export data via TrackPoint® API, Microsoft® Excel or XML format
- Manage activities, which are automatically scheduled and assigned based on property status, completed tasks and available resources
- Perform multiple tasks simultaneously according to priority
- Quickly configure standard workflows to match their own workflows
- Upload and store all required documents including borrower documentation, foreclosure filings, property photos, BPOs, listing agreements, expense invoices and purchase offers
- Share status, documents and comments with other users through a communication hub and user alerts
- Create and save custom reports
- View monthly status reports and agent performance monitoring
- Ensure file security with TrackPoint's SAS70 Type II Certified Secure Platform
- Get up and running quickly - there is no hardware or software to install or maintain and no internal support staff is needed
With DepotPoint, it's easier than ever to manage REO properties.
