RES.NET Rolls Out Enhanced REO Portal


RES.NET, a technology platform for loan default management, has released an enhanced version of its REO portal.

The company says the new version has advanced features and functionality that provide a more intuitive user experience, as well as help users more effectively manage an existing client base while preparing for future growth. It also includes the ability to select task-based workflow, providing users additional flexibility and scalability of operations across any type of portfolio.

RES.NET’s REO portal enables users to manage the entire REO disposition process while optimizing communication, automating task management and centralizing data. The release offers other enhancements to improve the overall look and feel of the portal, as well as the addition of new, useful features to improve the dashboard, search function and property-level information.

Highlights of the enhancements include dashboard enhancements such as updated search queues and property-level administration; business need workflow,s including a new role-based workflow to complement the current property-level defined options; property-level visibility,y enabling users to view all roles on any page and create personalized favorites; and task enhancements such as new task creation, responsibility, designations and ownership.

“Enabling the administrator to assign tasks based on the user’s role on the property and their association with the assigned task allows organizations to pivot based on operational or organizational need, easily adding new stakeholders to support future growth,” says Bill Colby, product department manager at RES.NET.

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