Transform Your Asset Management

The REO module automates the entire REO process for mortgage servicers, default servicing outsourcers, real estate professionals and vendors. The module provides efficiency, transparency, and compliance throughout the entire process. The features of this comprehensive and configurable solution include pre-listing, occupancy management, marketing strategy, offer management, and much more. The REO module allows easy interaction with the EQ Marketplace and invoice module to integrate vendor and expense management for each transaction.

The foreclosure and bankruptcy module provides a dedicated management framework that enables direct tasking and communication with attorneys throughout the legal process. The module features an advanced, client-controlled deliverable and timeline matrix providing clients real-time control over all deliverable timelines. The deliverable matrix features a powerful workflow customization tool, enabling clients to customize workflows based judicial or non-judicial, bankruptcy chapter, county, state, or investor. The module helps ensure quality control of deliverables, ensuring all documentation is available electronically and can be reviewed by internal staff for accuracy.

The short sale module automates the entire short sale process for mortgage servicers, default servicing outsourcers, and real estate professionals. The module will enable the servicer to lower loss severity and the cost to service by automating the workflow and improving connectivity with agents, borrowers and vendors. The module can dramatically improve transparency and compliance throughout the life of a short sale. The features of this comprehensive and configurable solution include multiple party initiations, EQ Borrower Portal, EQ Dashboards, offer consideration and much more. The short sale module allows easy interaction with the EQ Marketplace, midsourcers and vendors.

The Deed-in-Lieu (DIL) Module automates the entire DIL process for mortgage servicers, default servicing outsourcers, real estate professional and default servicing vendors. The module assists the servicer with lower loss severity, enhances transparency and improves compliance. The features of this comprehensive and configurable solution include online hardship and financial document collection through the EQ Borrower Portal to help qualify the borrower, and much more.

The loan modification module integrates with the servicing system of record to collect loan, borrower and investor data. All available data is then processed by a client-controlled proprietary EQ Rules Engine to setup custom workgroups and task queues routing loans to the most appropriate loss mitigation team for borrower solicitation/outreach. The loan modification module helps servicers manage loans through the loan modification process including

• Borrower Contact & Solicitation
• Detailed (customizable) Borrower Questionnaire
• Detailed Borrower Financials
• HAMP & Custom Loan Modification NPV evaluation (including Waterfall logic)
• Document Preparation & Tracking

Real estate segmentation helps assign properties among operational teams once due diligence on the property or portfolio has been completed. Real estate segmentation’s client-controlled rules engine allows for effortless control of multiple disposition strategies including auction and donation. Its automated NPV calculations ensure consistent, optimal returns for each property across all team members. The module reduces timelines by enabling quicker decision making while eliminating unnecessary marketing efforts for properties.

The loan segmentation module helps servicers and Investors automate routing and decisioning for delinquent loans. The module collects loan, market and property information from a variety of sources including data residing within other Equator products, client systems, and third party applications. The data set is then run through a proprietary model to determine the optimal outcome for that particular loan.

Equator simplifies the management of appraisals and broker price opinions (BPOs) by automating order placement, tracking, and delivery within a centralized platform. Users can efficiently assign valuation tasks to approved vendors or brokers, monitor progress, and ensure timely completion with built-in reminders and status updates. The platform also supports quality control through customizable review workflows, helping you meet internal standards and regulatory requirements. By streamlining the entire process, Equator can help reduce turnaround times, improve accuracy, and enhance visibility across the valuation lifecycle.