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DST and Select Portfolio Collaborate on REO Servicing Platform

""Default Services Technologies"":http://www.dst-llc.com (DST) has launched DispoSolutions 3.0, a new version of its Web-based REO servicing platform. The new technology was developed in collaboration with ""Select Portfolio Servicing"":https://www.spservicing.com (SPS), a division of Credit Suisse.

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According to DST, DispoSolutions 3.0 sets a new standard in automation and offers greater efficiency and flexibility to companies involved in the REO servicing process. The company explained that with DispoSolutions 3.0, users have the ability to define their own roles, workflow, and automation points to meet their specific needs and goals.

DST says this higher level of customization and automation makes it possible for managers to change their process in a matter of minutes with just a few clicks of their mouse.

In working with SPS, DST says it gained a unique perspective into the REO servicing industry.

Jim Clark, founder and CEO of DST, said, ""SPS is in the top tier of REO servicers. Their involvement led to fresh thinking and new ideas for improving our platform in terms of efficiency, process, and function.""

DST, headquartered in Glencoe, Illinois, provides a variety of Web-based solutions to the institutional mortgage market, including REO servicing, real estate valuation, reconciliation, and short sales solutions.

About Author: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.
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