Los Angeles

Tech Roundup: REOTrans Expands Platform into Loss Mit 

REOTrans makes the leap: Well-known REO industry tech provider REOTrans is making the big leap into loss mitigation process automation, according to a company statement. The Los Angeles-based provider of a heavily-used REO management platform — currently used by 16 of the nation’s 25 largest servicing shops — said last week it had launched a Short Payoff module, or SPO.