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IMS Releases End-to-End Back Office Solution for REO Brokers

Houston, Texas-based ""Integrated Mortgage Services"":http://www.imstoday.com/ has announced the release of its new end-to-end REO Broker Back Office solution.

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The solution is designed to help REO brokers cost-effectively manage all administrative functions, such as paying utilities and HOA dues, as well as performing inspection and preservation work.

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It also outsources back office functions, allowing REO brokers to eliminate hiring additional staff to handle clerical functions.

""REO brokers are facing a mounting increase of properties and duties,"" said Cheryl Lang, president and CEO of IMS. ""Through our national network of more than 8,500 field service professionals and licensed contractors, IMS ensures that brokers quickly receive bids and expert completion of repairs in a minimum amount of time.""

She continued, ""Our goal in offering this solution is to enable brokers to focus on their core competency: listing and selling REO properties.""

IMS management staff checks preservation and rehabilitation work to guarantee completion. The solution offers brokers the benefit of enhanced operational and management reporting, the use of local licensed and certified contractors, consistent and accurate tracking of repair statuses and the elimination of code violations.

IMS also performs vacant property registrations and individual property status reporting online.