Equator is the software platform over 58 Lenders and Servicers use to automate their various Default and Loss Mitigation strategies. One of the strategies Equator provides software to automate is Short Sale. This posting is to provide accurate and ongoing information about Equator’s Short Sale software solution. Most important to note is Equator is a Software provider and is not involved in nor makes any decisions on the actual Short Sale. We’re simply the software provider.
Our Short Sale platform is a software tool that Lenders/Banks use to communicate and work with Agents/Attorneys and/or Home Owners to assist them with the Short Sale process.
So who is Equator and what do we do?
Equator is a software company that has created a software website platform that helps banks and lenders automate the REO and Short Sale process. This software connects Lenders and Real Estate Agents just as ActiveRain is the software/website that connects all of us here.
With a Short Sale property on our website, we do not have any authority or ability to make decisions or even comment about it. Only the Servicers of that Loan can do that and they are the only ones with the ability to answer your Short Sale related questions.
When to call Equator?
- Questions about your login information or if you are locked out of the website.
- Questions about how to use the software.
When to call the Lender/Servicer?
- Questions about Short Sale procedures, process, or status
- Questions about individual loans
You can learn more about Equator at http://www.Equator.com.