Carrington Technology Solutions, LLC (Carrington) and ""Equator"":https://www.equator.com/home/, a default servicing technology provider, teamed up to provide financial institutions, institutional investors, and large-scale property management companies with a single-family asset management suite created to maximize the performance of multiple-property portfolios.[IMAGE]
""RentPointe"":http://rentpointe.com/, Carrington's proprietary software application for managing diverse portfolios of single-family rental properties, is being integrated into Equator's EQ Investor Platform.[COLUMN_BREAK]
According to the announcement, RentPoint enables real-time, simultaneous oversight of multiple property managers, while the EQ Investor Platform provides due diligence, acquisition, asset transfer, REO rental and REO disposition through its virtual Equator Marketplace.
Integrating RentPointe within Equator's platform provides benefits such as a higher, more efficient workflow, access to Equator and Carrington data for net present value modeling, full transparency and audit compliance, and an electronic marketplace for real-time management of vendor orders.
Access to and delivery of RentPointe information will flow through Equator's existing interface.
""Understanding the growing need for a product that is both tailored to portfolio management and has the ability to manage multiple property managers, we designed RentPointe to be a 'manager of managers' software solution,"" said Brent Rasmussen, EVP and CIO for California-based Carrington. ""Offering RentPointe through this partnership presents a win/win as it marries CarringtonÃ¢â‚¬â„¢s operational expertise with EquatorÃ¢â‚¬â„¢s reputation as a leading technology solutions provider for the real estate and mortgage industries.""