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.