Foreclosure app now handles short sales

DepotPoint expands TrackPoint's capabilities

DepotPoint Inc. has added a short-sale module to its TrackPoint suite of default and foreclosure applications that’s intended to help mortgage lenders, servicers and property managers track and collect documents and improve communications during negotiations between homeowners, buyers and mortgage companies.

The short-sale module can be used on a standalone basis or in conjunction with the company’s REO TrackPoint or Default TrackPoint applications, the company said.