Loan Modification Software Helps Boost Revenue For Loss Mitigation Professionals

Authorized REST Report licensees have been able to increase revenue while decreasing overhead.

PR Newswire

SAN DIEGO, July 29, 2013 /PRNewswire-iReach/ -- The REST Report is an impartial analytics tool that helps homeowner assistance businesses to find the best foreclosure alternatives for their clients. The tool provides a thorough loan disposition analysis that helps loss mitigation specialists and processors to run different scenarios very similarly to how the bank or the loan servicer would evaluate the Net Present Value of any potential modifications on a particular loan, which they can then compare to the short sale or foreclosure options. The loan modification software provided to licensees of RESTReport.com is easy to use, can be seamlessly integrated into the current business model and the speed and accuracy with which the REST Report is delivered can help increase revenue without increasing overhead.

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So far the REST system has helped law firms and loss mitigation specialists to find solutions for thousands of clients seeking loan workout programs, while also improving turn around times, leading to faster profits for the businesses. An excerpt from the company website says: "The REST Report is already utilized as the premier decision support tool for many companies, large and small alike. The system processes thousands of reports that assist attorneys, loan rewrite counselors, mediators and financial institutions make more timely and informed decisions regarding viable loan disposition options for borrowers unable to afford their current loan payments." – "Whether it's the government's complicated HAMP and HAFA models or an institution's proprietary set of NPV calculations, assumptions or lookup tables, the REST Report easily handles them all."

What is really important is that the REST Report is not being produced by an individual lender – it is an objective report produced by industry experts, which means the borrower can rest easy knowing the information they are getting is in their best interests. This has helped many businesses to build trust with their clients, as is shown here in this REST Report testimonial from AJ Young, of ALJ Law Group. He says:

"I would like to comment on how effective the REST Report has been and the impact it has had on our firm. Like every firm in this business, we have an issue with credibility due to non-credible businesses. We have offered REST to clients that would not spend the money for our full service modification. Once REST was given and reviewed with the client, they ended up retaining our firm. Those that would not retain us for full service modifications initially were given the option of purchasing REST. Once the client was given the report and our staff reviewed it with the client, we obtained clients for full service due to the credibility it built with the client. It has definitely increased the amount of clients we have retained."

Clearly businesses that are looking for loan resolution software to enhance their services and increase their revenue will benefit greatly from becoming REST licensees. Aside from gaining access to the highly accurate loan disposition analysis system, REST Report licensees are provided with video tutorials, live help desk support, pre-submission package reviews and other tips and techniques to make sure that they are fully equipped with how the REST Report is utilized. In turn, the licensees are able to provide assistance to homeowners or consumers to fulfill their needs and help them find solutions to their loan problems, while also benefiting from being able to run a more compliant, more profitable business.

For more information, please visit RESTReport.com for a free tour of the REST Report platform, and learn how you can increase revenue in your business starting today. For homeowners seeking professional guidance, submit your contact information at RESTReport.com to be personally connected to an authorized REST licensee.

Media Contact: James Bailey, RESTReport.com, (877) 610-7378, jamesbaileyrr@gmail.com

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