Equator, a California-based provider of default servicing technology, has supported 1 million short sales through its EQ Platform since its launch in November 2009, according to the company’s third quarter report. “Short sales continue to be a viable option to foreclosure,” Chris Saitta, CEO of Equator said. In addition, Equator’s Loan Segmentation Module has processed more than 500,000 loans this year.

Short sales continue to be a viable option to foreclosure, Chris Saitta, CEO of Equator said.
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