Integrated Mortgage Solutions and REO Leasing Solutions LLC have joined forces to address rapidly growing loss mitigation and real estate-owned (REO) challenges in today’s housing market. According to recent reports, more than five million households are behind on their mortgages and risk foreclosure. With unemployment rates hovering near 10 percent nationwide, the number of distressed borrowers is likely to remain high as well over the next year. Servicers are in need of solutions that help them manage the increasing volume of defaulted loans on their portfolios.Click to continue