Green River Financial (GRF), a sister company of Green River Capital LLC (GRC), a provider of real estate owned (REO) asset management and loss mitigation services, has launched short sale technology platform GRFConnex.
According to GRF, GRFConnex is a step-driven, template-based short sale and deed-in-lieu processing system that generates pipeline management and dashboard reporting – allowing clients to track the progress of their loans each day, based on requirements from regulators and investors and from their own internal policies.
"GRF has significantly improved our short sale and deed-in-lieu technology and processes to ensure that not only our organization, but also our clients, are continually in compliance with increasing regulatory standards and investor-driven changes," says Tim Reilly, senior vice president of GRC/GRF.
Travis Justice, vice president of short sales for GRF, adds, "If an industry-wide change should occur that impacts short sale or deed-in-lieu processing, for instance, we can quickly make modifications within the GRFConnex template."
