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Counting on Technology.(Managing REO)(Real estate owned)
Byline: Jennifer Harmon
Technology is certainly leading the way in the REO industry, according to Derrick Logan, director of REO Services, REO Allegiance, Inc., a property preservation service company in Bayonne, NJ.
In order to survive, assets managers and vendors need to be able to accommodate multiple platforms which often depend upon the clients existing platform utilized, says Mr. Logan.
"It often sounds complicated but in reality it is fairly simple - once the technology is deployed. This requires the merging of systems and the integration of our multiple client networks."
REO Allegiance is constantly writing and perfecting its system every day, he says.
The company, which also handles eviction moving and clean up, debris removal and winterization, has an in-house programmer to make this happen at a moment's notice.
"Every new client seems to require a phase-in period to accommodate systems and if you do not have the ability or the financial wherewithal it would be impossible to keep up with the industry."
- Counting on Technology.
- News wire article from: Mortgage Line Harmon, Jennifer September 29, 2008 700+ words
Technology is certainly...Services, REO Allegiance, Inc...once the technology is deployed...networks." REO Allegiance is constantly...their own. Technology is almost...works for REO Allegiance Inc." Photoinspection...
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- News wire article from: ADP News Nordic November 24, 2009 700+ words
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- News wire article from: ADP News Nordic December 4, 2009 700+ words
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- French culture festival in Thiruvananthapuram.
- News wire article from: PTI - The Press Trust of India Ltd. December 3, 2009 700+ words
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Source: HighBeam Research, Counting on Technology.(Managing REO)(Real estate owned)