Equator Sees HAFA Growth In Fourth Quarter

Default-servicing technology provider Equator reports that more than $100 billion in assets have been sold through its platform since 2003 and that more than 500,000 short sales have been initiated since its launch of an automated short sale solution last year.

According to its fourth-quarter report, Equator continues to see substantial growth with its short sales and Home Affordable Foreclosure Alternative (HAFA) solutions. John Vella, the company's chief operating officer, says that 40,000 HAFA cases were initiated through the HAFA Workstation during the quarter.

SOURCE: Equator

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