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"While policymakers state that the purpose of government intervention is to help homeowners by delaying foreclosures, instead they have created an artificial shortage in bank-owned (REO) inventory," ForeclosureRadar stated. By the company's assessment, California's foreclosure timeline increased 6.14 percent in February. DataQuick Offers New Suite for Portfolio Risk DataQuick—a provider of real estate information solutions powered by data, analytics, and decision-making functions—rolled out its Portfolio Management Intelligence Suite. The product platform is designed to meet clients' specific portfolio requirements, solve their portfolio management problems, and identify high-return opportunities. The suite assesses the health of credit, collateral, and liens and identifies risks found within each lender's or investor's portfolio. According to the San Diego-based company, this will prove to be a valuable tool for users looking to optimize credit, collateral, and portfolio opportunities to support business strategies. Users can then apply business rules to calculate and make decisions on individual properties within the portfolio. "Market shifts and regulatory requirements have made portfolio management more crucial and complicated than ever, but many still find themselves operating on inconsistent, manual, or expensive platforms that don't address the loan portfolios in their entirety," said John Walsh, president of DataQuick. "Identifying problems, opportunities, and deploying a custom solution for each loan is imperative to not only ensure compliant management, but also to maximize revenue and profit potential." Clients can appreciate the automated system, which will replace the manual process many may be used to. The suite consists of four core components that can be utilized cohesively or individually to create a custom solution for the client. The four components address lien data, lien positioning logic, automated credit and lien analysis, and automated analysis and decisioning through DataQuick's National Property Database, Precision Lien Model (PLM), ARTAdvisor, and PortfolioQ , respectively. 84 CBRE Group Earns Top Spot in Fortune, Lipsey Rankings CBRE Group, Inc. received recognition as a top commercial real estate brand by both Fortune magazine and Lipsey, a training and professional development firm specializing in commercial real estate. Los Angeles-based CBRE earned the number one spot as a commercial real estate services and investment company in Fortune's annual Most Admired Companies list for the third consecutive year. In addition, CBRE was selected as the number one commercial real estate brand in Lipsey's annual brand survey for the 12th year in a row. The Fortune Most Admired program rates companies on attributes related to corporate performance. The Lipsey survey measures perceptions of leading industry brands from more than 100,000 U.S. and international commercial real estate professionals. "CBRE's inclusion in Fortune's Most Admired Companies list and our top ranking in the Lipsey survey reflect the trust that our clients place in us to deliver exceptional service and innovative solutions every day," said Robert Sulentic, president and CEO of CBRE. Carrington, LendingXpress Partner to Deliver REO Asset Services Carrington Property Services, LLC and LendingXpress, a platform from SWBC, formed an exclusive partnership to bring REO asset management services to smallerscale financial institutions. As part of the agreement, LendingXpress will market Carrington's REO asset management solution to its customer base of credit unions and community banks. The companies announced they will release REO asset management services developed with credit unions and community banks in mind during the second quarter of this year. This way, REO asset management needs of smaller institutions can be met. "This arrangement directly supports the value proposition LendingXpress was based on—giving lenders a highly efficient, seamless method for accessing products and services designed to increase efficiency, reduce risk, and offer a competitive advantage," said Ted Robinson, president of LendingXpress. "We're thrilled to work with Carrington Property Services and to add REO asset management to our service offerings tailored to meet the needs of the financial community." The solution will begin by assessing the property to determine if it should be put up for rent or sold. Lenders will also receive assistance in determining whether or not repairs are needed. From there, Californiabased Carrington will handle rental or REO disposition needs. "This strategic relationship with LendingXpress and SWBC will enable Carrington to expand its reach and extend its full continuum of services to the credit union and community banking market," said Steve Ozonian, chief real estate officer for Carrington. "Blending Carrington's detailed knowledge of end-to-end REO workflow with SWBC's intimate understanding of what these financial institutions need will enable us to produce a solution specifically designed to maximize returns and minimize costs in a highly regulated environment for our business partners," Ozonian added. Coming in June ... Is Housing's Recovery Smoke & Mirrors? Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com.