Exceleras continues its pivot into new markets
There is no question that 2007-2010 was a good time to be the tough business of REO disposition technology. It was a tough time for everyone, including the servicers who were losing their minds as they tried to deal with a tidal wave of foreclosures.
The software they relied upon was DispoSolutions from Exceleras. It allowed them to manage the work of getting Real Estate Owned back into the market, speeding the recovery.
Now, almost a decade later, the foreclosure crisis is way back in the rearview mirror. Many of the borrowers who lost their homes during the crisis are back in the market and again own their own homes.
So, what do you do if the software that saved the industry during the foreclosure crisis suddenly has significantly less saving to do? If you're Exceleras, you make it stronger.
Recently, the company released news about yet another vendor class that has been added to DispoSolutions, continuing its transition into a full powered asset management application that goes well beyond default servicing.
You can read more about it on our company site or on MortgageSpeak.
The software they relied upon was DispoSolutions from Exceleras. It allowed them to manage the work of getting Real Estate Owned back into the market, speeding the recovery.
Now, almost a decade later, the foreclosure crisis is way back in the rearview mirror. Many of the borrowers who lost their homes during the crisis are back in the market and again own their own homes.
So, what do you do if the software that saved the industry during the foreclosure crisis suddenly has significantly less saving to do? If you're Exceleras, you make it stronger.
Recently, the company released news about yet another vendor class that has been added to DispoSolutions, continuing its transition into a full powered asset management application that goes well beyond default servicing.
You can read more about it on our company site or on MortgageSpeak.
Comments