SOURCE: Integrated Asset Services

www.ias-reo.com

July 07, 2010 15:02 ET

Integrated Asset Services Issues New Report on Mortgage Servicing Industry

"New Era" in Technology Emerging to Improve Valuation Process

DENVER, CO--(Marketwire - July 7, 2010) -  Integrated Asset Services®, LLC (IAS®) (www.iasreo.com), a leader in default management and residential collateral valuations, today released a new report on the state of the mortgage servicing industry.

The report, "A New Era of Mortgage Servicing: Out of Crisis, Solutions" outlines the latest advancement in valuation technology that has emerged in response to the U.S. foreclosure crisis. Known as "intelligent granularity," the IAS paper asserts this powerful new technology and process brings clarity to value estimates never thought possible.

"Thanks to trend-based information, decisions are already being made on REO, loan modifications, and other workout scenarios from a far more informed perspective," says Ryan Tomazin, President of IAS. "I'm convinced this new technology and the firms utilizing it will lead the way to a more stable and productive mortgage lending industry."

The paper outlines how through raw computing power and proprietary algorithms, innovative mortgage services are producing 'trend lines' for virtually any segment of the marketplace. And this new level of granularity is powering next-generation valuation products to look well past the largest metro areas into micro-geographies around the country.

"From a servicing perspective, this knowledge and information should be part of any ongoing strategy, either with the borrower, with the borrower and the property, or just the property," says Tomazin. "We should see the trend line technology integrated all along the continuum, from automated valuation models to reconciliations."

To receive a copy of "A New Era of Mortgage Servicing" email Dan Mahoney at dmahoney@csg-pr.com, or go to the IAS website at www.iasreo.com.

Integrated Asset Services offers full service, end-to-end mortgage service solutions including valuation and data analytics. The company's i-Series® collateral valuation platform (http://www.iasreo.com/iseries.html) delivers a comprehensive combination of collateral valuation services that individually offer distinct and critical data, and when combined, a complete view of market volatility, local expert opinions and subject value. Its data analytics provide vital data on the U.S. residential housing market.

About Integrated Asset Services, LLC
IAS (www.iasreo.com) is a privately held Colorado-based corporation specializing in default mortgage services including valuation, reconciliation and full cycle REO disposition. The Company's advanced valuation and volatility technology combined with its expert professional services help its clients reduce exposure while expediting the entire asset management process. Founded by REO industry experts, IAS provides services that go beyond industry expectations, from the level of integrity of its employees to the measurably better service it routinely provides.

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