RES.NET enhances Short Sale portal, ensures users meet AG settlement guidelines.


Lake Forest, California--based RES.NET, a provider of software applications connecting real estate professionals and consumers, has upgraded its Short Sale portal to ensure servicers meet the guidelines associated with the attorneys general (AG) settlement reached in February 2012. The portal now has enhanced tracking functionality and includes new tasks to help servicers uphold compliance.

"The attorneys general settlement affects how all sef vicers must approach their internal processes, and applying the monumental changes necessary requires them to leverage technology," said Todd Mobraten, president and chief operating officer for RES.NET and its parent company, U.S. Real Estate Services (USRES). "The Short Sale portal gives them a way to manage the additional work-load that comes with increasing legislation, while still easily communicating with all other participants. We continually update our portals, ensuring we provide technology that alleviates the burden of compliance and streamlines real...

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