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DS News February 2019

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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» VISIT US ONLINE @ DSNEWS.COM 53 Best in Servicing Tools Guide SPECIAL ADVERTORIAL SECTION RES.NET CORPORATE DETAILS: 25520 Commercentre Drive, Lake Forest, CA 92630 | 800.760.7036 | Support@RES.NET RES.NET COMPANY DESCRIPTION Initially established in 2003 as a wholly owned subsidiary of USRES, RES.NET has developed into a community for sellers and buyers to manage distressed real estate assets and connect the entire supply chain in a virtual meeting place. RES.NET provides a suite of technology solutions with portals for REO, Short Sale with DIL Module, Valuations, and PropertyCure with Construction Management Module, each of which is specifically designed for various aspects of the real estate transaction. As it continues to expand, RES.NET empowers its community members to share, connect, and manage all aspects of the real estate transaction. By integrating enterprise features such as user-defined workflow, tasking, messaging, reporting, and document sharing with flexible customization offerings, RES.NET provides the mortgage banking industry with the efficiency and transparency needed to succeed in today's real estate environment. COMPETITIVE ADVANTAGE RES.NET's advantage stems directly from its staff of seasoned industry professionals. The company's boots-on-the-ground expertise can be seen in its service of niche segments such as property preservation and construction management. By providing innovative technology solutions that address real-world challenges, RES.NET has created a comprehensive platform that adapts to meet its clients' changing operational needs. CORPORATE STRATEGY By utilizing a dispersed pricing structure that collects transaction fees from each party, RES.NET eases the financial burden placed on servicers. This model allows clients to simply pay a flat monthly rate without committing to term limits or negotiating hidden fees. KEYS TO SUCCESS RES.NET provides an end-to-end technology suite that meets the needs of servicing markets, investors, and capital markets. By integrating enterprise features such as tasking, reporting, and document sharing with flexible customization offerings, RES.NET provides a comprehensive and transparent solution. » REO: Manage your REO pipeline through streamlined communication, tasking, and offer/ expense management while accessing thousands of certified vendors as well as integrated systems. » Short Sale: Compile and negotiate offers, review purchase contracts, and archive all borrower-required documents in one place. » Deed-in-Lieu: Connect directly to homeowners, foreclosure attorneys, and title vendors as well as RES.NET's REO Portal. » Property Cure: Enhance your process and easily manage by exception for a variety of segments including utilities, bids, servicing errors, violations, registrations and inspections, and construction management. » Valuations: Auto-assign, track, and report on BPO and appraisal valuations sent to RES.NET's extensive vendor networks. » Complimentary Systems: Exchange information with Agent Portal, Vendor Portal, Preservation Portal, Homeowner Portal, Buyer Portal, Third-Party Integrations, and System of Record integrations. COMPANY DIFFERENTIATOR RES.NET is constantly updated via sprint cycles based on internal feedback, user surveys, and customer requests. Although general trends can be acted upon by the company, they also understand that each client has needs specific to their business. RES.NET products provide each user with the flexibility to augment the system as they see fit without having to rely on costly and time-consuming development cycles. By listening to customers' needs and designing a system that is flexible and customizable, RES.NET has secured its place as a leading provider of real estate technology. KEY PERSONNEL Keith Guenther Founder & CEO Angela Hurst SVP of Business Development Rob Pajon SVP of Marketing & Product BUSINESS LINES » REO » Short sale » Deed-in-lieu » Valuations » Property preservation » Construction management

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