Equator® Default Servicing Platform
Helping to drive efficiency and foster transparency in default servicing
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Contact UsWhat we offer
Equator offers an industry-leading SaaS residential distressed loan and real estate management platform.
Equator’s configurable and scalable solutions help servicers, outsource providers and vendors efficiently and effectively manage delinquencies, support compliance requirements, reduce cycle times, decrease operating costs and improve net execution.
Equator Solutions:
- Loan Management Module
Loan decision-making technology and rules engine to optimize residential loan outcomes.
- Foreclosure, bankruptcy and eviction module
Workflow management technology and rules engine to coordinate residential foreclosure, bankruptcy and eviction processes from file referral through case completion.
- Short Sale and Deed-in-Lieu module
Workflow management technology and rules engine to coordinate the residential short sale and deed-in-Lieu processes from file referral through disposition.
- Foreclosure Disposition module
Foreclosure auction decision-making technology to optimize proceeds and mitigate risks associated with delinquent residential loans.
Determines credit bid at the foreclosure sale to optimize results.
- REO module
Workflow management technology and rules engine to coordinate residential REO processes from file referral and asset management through REO sale.
- Mortgage/Real Estate Data and Reporting module
Provides customers with anonymized performance benchmarks for delinquent loans and REO.
- Marketplace portals
Connects vendors, servicers, real estate agents and attendees to provide transparency and communication.
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Automated Workflow
Reduces manual workflow and increases processing speed.
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Comprehensive rules engine
Facilities servicers’ configuration of the platform to align with legal and regulatory requirements.
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Over 10,000 agents completed nearly $8 billion in REO and short sale transactions*
*Transactions completed April 2018 to March 2019
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Over $335 billion in transactions have been processed on the Equator platform*
*Life to date transactions until March 2019
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Nearly 40% of all Short Sale and REO sales processed on the Equator® platform*
*As of March 31, 2019
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Active National network of nearly 44,000 agents and brokers*
*As of March 31, 2019