REALResolution^™ is a technology platform which provides servicers with an automated loss mitigation and home retention solution for delinquent or defaulted loans. It enables servicers to minimize losses and improve portfolio performance through enhanced loan resolution and cure rates while decreasing costly foreclosures.

As a pioneer in the development of net present value models to drive loan resolution decisions, Altisource^™ continues to innovate by incorporating advanced analytical optimization models and behavioral science-driven communication into our process. Our technology considers the probability of borrower re-default or prepayment and property values over time to develop the most accurate and appropriate resolution strategy.

REALResolution is fully integrated with REALServicing^®, residential servicing software that automates the entire mortgage lifecycle from loan-setup and administration through default and Real Estate Owned (REO) asset management.

Features

• Loss Mitigation Module: Automated tools that provide an optimal loan resolution and workout strategy for non-performing mortgages.
• Foreclosure Module: A web-based management and tracking system that ensures timeline adherence, eliminates redundancies and minimizes losses during the foreclosure process.
• Bankruptcy Module: An integrated system that streamlines the bankruptcy process by combining legal proceedings with effective tracking and timeline management.
• REO Management Module: Property management tools spanning the REO lifecycle from leasing capital, property inspection and preservation activities to marketing and sales.