REO & Field Services Special Report.(Brief Article)(Editorial)

Hardly a day goes by without some alarming news about the nation's residential and commercial real estate markets. Experts worry that there might be a "bubble" in house prices. Foreclosure and defaults have reached record levels. Vacancy rates are up in the nation's office buildings. For companies that manage real estate-owned and field services, the news suggests that demand for their services may be increasing. And just as loan originators have employed technology to handle the stunning increase in demand that they have experienced over the past two years, people who provide foreclosure-related services to the mortgage industry also need to focus on how they can use technology to improve service and efficiency.

At MSN, we have been impressed by the degree to which REO and field service companies have been doing just ...