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42 | Th e M Rep o RT Special Advertorial Section Technology guide Company desCription RES.NET is a leader in real estate technology and offers an all-encompassing servicer technology suite, including REO, short sale, and valuation enterprise applications for servicers, investors, hedge funds, and asset management companies. RES. NET provides a virtual meeting place where buyers, sellers, agents, mortgage servicers, and vendors can communicate around a transaction. With every step managed online, RES.NET keeps the real estate process running smoothly to ensure optimal efficiency and a faster, more transparent experience. Company history RES.NET, initially established in 2003 as a subsidiary of USRES, provides an array of portals designed for different aspects of the real estate industry and integrates servicers, brokers, outsourcers, third-party service providers, homeowners, and buyers. Through specialized portals, RES.NET users can each access the same system to optimize communication and streamline processes. The portals deliver a customized, automated workflow and centralize data and documentation to create a continuous audit trail. regulatory ComplianCe In today's regulatory environment it is vital to remain compliant with not only current Consumer Financial Protection Bureau (CFPB) rules, but also any new regulations or alterations that the future may hold. RES.NET's Custom Workflow, Approval Engine, and Reporting capabilities provide servicers with the tools to augment their business practices and remain compliant at all times. Custom Workflow • No custom development required • Set up and activated in hours, not months • Define individual tasks, reminders, and documentation • Add new fields to capture data • Link custom tasks and fields to create a completely customized workflow Approval Engine • Request and approve listing terms, listing price changes, counter offers, and HUDS • Approval-level privileges can be configured to vary based on FMV or property grade • Four different approval request types • Audit trail for each approval request Reporting • User Interface Level: Custom reports with 350 available query fields and export capability to Excel or PDF format • User Interface Level: Sixteen standard reports • Data Base Level: ODS (Operational Data Store) • Data Base Level: Custom reports delivery Business lines, serviCes, and produCts • Servicer suite of solutions: REO, short sale, and valuations portals • Integrated third party partners • System of record interface • Customizable document and data extracts • Streamlined communication between homeowner, agent, and subscriber • Simplified implementation • Dedicated project resource Competitive advantage RES.NET provides their clients with the benefits of customized software, with the cost savings and support benefits of an enterprise solution. Since there is no development required on our end, new tasks, fields, reminders, and reports can be fully functional in hours, not months. The possessive open infrastructure further allows clients to engage their approval engine module to ensure critical milestones like listing terms, price changes, counters, and HUDS are always met. By maintaining the flexibility to evolve organically, RES.NET will continue to change along with the industry's needs. added value to Clients RES.NET has always believed that the best results are achieved when innovative technology solutions are put in the hands of an experienced and dedicated staff. The company understands that technology is key to their business, and will be vital to providing the efficiency and compliance that their clients demand. That being said, they also acknowledge that technology alone cannot provide the excellent customer service and personalized solutions that they pride themselves on delivering. The company holds themselves up to the highest standards in order to deliver a complete solution to their clients. Keys to suCCess RES.NET's success has come through the ability to forecast industry needs and respond accordingly. By evaluating user generated feedback they are able to present their partners with a system that is regularly upgraded through an ongoing series of sprint cycles. They also acknowledge that each client has needs that are specific to their business. RES. NET products are built to provide each user with the flexibility to augment the system as they see fit without having to rely on costly and time consuming development cycles. RES.NET key personnel Keith Guenther Founder and CEO Angela Hurst SVP, Business Development Michael Bull CFO Rob Pajon VP, Product and Marketing Dustin Sauter Chief Technical Officer staffing 95 contact information 25520 Commercentre Drive, Floor 1 Lake Forest, CA 92630 phone: 800.760.7036 email: sales@res.net Web: USRES.com/RES.net