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Last updated on May 25, 2013 at 12:34 EDT

Latest Chris Saitta Stories

2011-12-29 08:00:00

LOS ANGELES, Dec. 29, 2011 /PRNewswire/ -- Equator®( ) (EQ), the country's leading software provider of Default Servicing technology, announced in its fourth quarter report that almost 1.2 million Short Sales have been initiated since the launch of its Short Sale Module in November of 2009. The report also states that Equator's Loan Segmentation Module has decisioned more than 875,000 loans since early 2011 and over $150 billion in assets have been sold through its platform...

2011-10-07 08:00:00

LOS ANGELES, Oct. 7, 2011 /PRNewswire/ -- Equator®, the country's leading software provider of default servicing technology, announced in its third quarter report that over one million short sales have been initiated through their platform since its launch in November 2009. The company also reported that its Loan Segmentation Module has processed more than 500,000 loans since its launch in early 2011. "Short sales continue to be a viable option to foreclosure," said Chris Saitta, CEO of...

2011-04-28 08:00:00

LOS ANGELES, April 28, 2011 /PRNewswire/ -- Equator®( )(EQ), the country's leading software provider of default servicing solutions, announced in its 2011 first quarter report that over 675,000 short sales have been initiated on the EQ Platform and its new Loan Segmentation Module has processed over 70,000 loans. "Short Sales will continue to be a priority for servicers as loans sit longer in the foreclosure process. Our Short Sale Module has proven to increase efficiencies, accelerate...

2011-02-18 08:00:00

LOS ANGELES, Feb. 18, 2011 /PRNewswire/ -- Equator(® )(EQ), the country's leading software provider of default servicing solutions, now offers lenders and servicers three new modules: Loan Segmentation, REO Segmentation and Invoice Management. "These new modules will seamlessly interface with existing modules to offer a best in class, end-to-end default suite to assist servicers with upcoming inventories," said CEO Chris Saitta. "With the velocity and frequency of loans flowing into the...