Active Data Technologies Inc. is heavily involved in the nation’s mission to stabilize the hardest hit neighborhoods on multiple fronts. We will be in attendance at the Mortgage Bankers Association (MBA) Conference in Orlando, Fla., from Feb. 21 to 24, 2012, to discuss our vast capabilities and detail how our flexible solutions can help all parties involved in the distressed real estate process.
As a point of reference, we have developed proprietary technology currently in use by major Government-Sponsored Enterprises (GSEs), servicers, asset managers and investors for the timely disposition of their Real Estate-Owned (REO) and non-performing notes. We thoroughly understand the pain points that these organizations have at every level and have developed custom solutions to soothe them all.
In addition, we have formed alliances with several players in the non-profit arena to create a portal specifically for state housing agencies and non-profits to access inventory for homebuyers (non-investors) who have completed counseling. This is a major initiative insofar as the vast majority of retail real estate in the United States right now is being purchased by investors for cash before aspiring homeowners even have opportunities to bid.
Another key piece in the equation is the technology we have developed to market and sell properties in bulk to private equity investors who are required to sell off a sizable percentage to non-profits for homeownership – or – create rental stock to reduce vacancies in hardest hit areas. As a result, we have aligned several bulk investors who have committed to providing inventory through our portal for non-profits to fulfill the requirements of their purchases.
Lastly, to close the loop, we provide education for real estate professionals on all aspects of this “new” space in the distressed property arena through our The Agent University (www.theagentuniversity.com) and have boots on the ground to support the nation’s goal of neighborhood stabilization and righting the housing market once and for all.
One of our many goals while attending the MBA conference will be to speak with the major servicers about our streamlined method to get inventory directly in the hands of those individuals who will ultimately reside in the homes and neighborhoods. There are better, more innovative ways to restore homeownership. We know because we do it every day.
If you’re going to be at MBA 2012 in Orlando and want to catch up be sure to drop us a line right here so we can coordinate a time to meet in person. Of course, we can also chat before, during and/or after the show at anytime — we’re always eager and available to talk shop. We love what we do.