Equator offers agents training on short sales, REOs

Company's software platform used by 4 of 5 largest banks

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In a move it says will speed closings, Los Angeles-based Equator is now offering mortgage servicers a way to train real estate agents on servicers’ separate processes and requirements for handling short sales and real estate owned (REO) properties.

Equator’s software-based Servicer Specific Training program is offered through the company’s EQ platform, which is used by four out of five of the nation’s biggest banks, including Bank of America, Wells Fargo, and GMAC Mortgage.