Active Data Technologies Inc. and CounselorDirect Forge Strategic Alliance
Boca Raton, Florida (PRWEB) February 21, 2012
Lively Info Technologies Inc. will offer CounselorDirect with engineering support and entry to considerably-lowered actual estate listings contained inside of bulk true estate portfolios, creating a site portal that its network of non-profit companies can entry right, and in real-time, to satisfy the instant requirements of aspiring house owners.
The two like-minded organizations nowadays finalized the details of the strategic alliance, which will help nationwide neighborhood stabilization and revitalization missions. Under the partnership, CounselorDirect will enhance its ability to stabilize neighborhoods faster with access to numerous discounted housing options that or else would not be readily available on the traditional marketplace.
Its a forward-considering collaboration that is in-line with the U.S. Section of Housing and City Growth (HUD) vision, which not too long ago called for innovative strategies to dispose of a important sum of Actual Estate-Owned (REO) stock right to personal equity investors with the objective of community stabilization.
We see a great synergy amongst our two organizations, stated Brad Geisen, CEO of Lively Information Systems Inc. To get the American housing industry again on its ft, we require to satisfy the demands of all long term homeowners at all revenue amounts. Many subsets of the housing marketplace are well on their way to recovery however, the housing requirements of moderate- to reduced-revenue customers are even now significantly from getting fulfilled.
CounselorDirect works right with numerous condition housing businesses in the hardest-strike states, as properly as non-earnings companies that perform straight with consumers who aspire to acquire properties in these locations. One particular of the difficulties the non-revenue companies face is a absence of accessible stock at cost-effective costs for these men and women. And while Community Stabilization Program (NSP) money are often utilised to offset the costs of these homes, much more can and should be performed.
Historically, CounselorDirect has demonstrated elevated good results with federal government plans that depend on non-profit companies to act as the front lines, explained Andy Firoved, CEO of CounselorDirect. Merely adding automation, function stream and finest methods via software package technological innovation, we are capable to enhance accomplishment considerably. We are optimistic that this new internet site portal partnership blended with our mutual assets will have a good influence on stabilizing and revitalizing lower- to reasonable-revenue neighborhoods.
Energetic Knowledge Technologies Inc. presently supplies the crucial software package remedies for the banking and servicing industry that is targeted on the distressed asset arena, assisting several businesses that make use of the different systems on-line offer you administration, online advertising decline mitigation and asset administration, between other folks it has developed.
Even so, it is Lively Data Technologies Inc.s ties to bulk REO inventories and portfolios, whether assembled by investors or offered right from the resource (banking institutions), that is the key to this partnership.
A single that will help set the wheels of recovery in motion.
All of our modern advancements have been focused on delivering real-time options for the distressed housing industry, explained Geisen. We are very fired up about the role engineering is actively playing in each and every element of this phase of the true estate recovery cycle.
Geisen also unveiled that many active investor customers have expressed want to spot a percentage of their inventories on this system the moment it is prepared for rollout. In addition, the partnership will also require a lot of other peripheral sector players who give purchase and repair funding, general contractors, laborers and genuine estate pros, between other people.
For more details remember to pay a visit to http://www.ActiveDT.com.
About Productive Info Systems Inc.thirteen
Productive Data Technologies Inc. is the pre-eminent engineering leader in the online distressed real estate disposition/administration market, forging sturdy partnerships with key, mid-sized and minor economic institutions throughout the United States. We generate personalized Real Estate-Owned (REO) web sites and supply a powerful around-the-clock advertising and marketing system to make sure optimum home publicity, engaging far more than six million buyers and investors during the nation every single month. We also develop simple-to-use backend offer management techniques that servicers, creditors and other significant genuine estate portfolio owners can seamlessly integrate into their websites to facilitate, control and expedite the sale of REO stock nationwide for best dollar. Headquartered in Boca Raton, Fla., Energetic Information Systems Inc. powers numerous significant actual estate sites, including Foreclosure.com and QuickSale.com, amid other people.
About Counselor Directthirteen
Primarily based in Irvine, California, CounselorDirect is a computer software supplier for HFAs (Residence Finance Organizations), government agencies in financial sectors, non-earnings counseling agencies, and foreclosure-prevention facilitators nationally. CounselorDirect-run technologies provides a greatest apply infrastructure and safe on the internet portals that offer instruments this kind of as user intake, data analytics, economic services, and system generated reporting for U.S. Treasury. CounselorDirect performs an instrumental purpose in the path and deployment of numerous federally funded and managed packages. Our core competency is comprehension and defining workflow to make sure the efficient deployment of these plans, whilst creating and powering the technological innovation to support the programs. As a consequence, CounselorDirect is not only the major provider of software package remedies for the states Hardest Hit Fund plans, but with the $ seven.6 billion federal dollars the federal government allocated to assist give home loan support to struggling property owners, CounselorDirect powered systems on your own will facilitate preserving properties of a lot more than a million Americans that would have normally been displaced.
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