Impac chooses new REO management software

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On February 11, 2019, REO Management Solutions, LLC filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.

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REO stands for "Real Estate Owned." If a property is REO, this means that the bank owns the property as the result of a foreclosure. How a Property Becomes REO. Foreclosure is the legal process where real estate secured by a mortgage or deed of trust is sold to satisfy a debt.

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Impac chooses new REO management software.. The platform, called DispoSolutions, is a cloud-based REO management software platform that offers property management tools, along with task, date.

Precision Asset Management – National asset management services with REO listing search on site. REO Nationwide – National asset management company. Specialized Asset Management – provides asset marketing and disposition services to mortgage lenders, servicers, and investors nationwide. trax financial – Asset manager with services from property preservation, REO and loss share, to bank.

TazaREO – REO Management Software, For Brokers and Agents.

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