Altisource Acquisition of Equator

What will this do the landscape of short sales and the default servicing business moving ahead? I know that Altisource already uses in house brokers to sell REO's in their portfolio, as well as using the HUBZU platform ( created by a former HUD Employee) . Will this lead to a roster of agents that homeowner's will use for short sales? Will This lead to a roster of agent's for ALL Reo's , in Altisource's in house Roster?

any thoughts

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Comments

  • I'll bet there will be more charges to agents.

  • I've been on Equator for quite awhile hopefully this won't lead to big changes in equator, not for agents, but the banks on there seem to have trouble playing catchup.

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