Submitted by Mortgage News Desk on Jan 5 2012
Equator (EQ), a provider of default servicing technology, has announced in its fourth quarter report that approximately 1.2 million short sales have been initiated since the launch of its short sale module in November of 2009. The report also states that Equator's Loan Segmentation Module has decisioned more than 875,000 loans since early 2011 and in excess of $150 billion in assets have been sold through its platform since 2003.Click to continue