FirstBank Puerto Rico Brings RES.NET Onboard to Streamline Operations

first_img About Author: Staff Writer Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago October 25, 2018 2,191 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago FirstBank Puerto Rico Brings RES.NET Onboard to Streamline Operations Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Bianca Torres Roman First Bank Puerto Rico firstbank puertorico Housing Market Kieth Guenther Mortgage Industry Originations RES.NET Related Articles FirstBank Puerto Rico has announced that it has enlisted RES.NET—a technology platform allowing mortgage bankers, investors, vendors, consumers, and other parties to communicate around a real estate transaction—to develop and deploy a new online marketplace showcasing the bank’s diverse portfolio of available assets. The new digital marketplace is also meant to engage a broader audience of potential buyers and investors than currently available. The platform was built in Spanish so as to accommodate the widest range of buyers.Shortly after FirstBank Puerto Rico selected RES.NET as the operating platform to assist with the disposition of its Other Real Estate Owned (OREO) properties, the devastation from Hurricane Maria presented a new set of unforeseen challenges. In response, the bank and RES.NET issued a joint call to action, expediting the development and deployment of their new marketplace so as to quickly adapt to the new situation.“Following Hurricane Maria, it became urgently important to streamline the bank’s OREO process and workflow while simultaneously enhancing the visibility of the bank’s available assets to a broader audience,” said Bianca Torres Román, VP of FirstBank Puerto Rico. “Within just one month of launching the new Buyer’s Marketplace, the unique number of visitors seeking information on our available properties more than tripled. Today, we are now reaching prospective buyers not just in Puerto Rico and the immediate region, but across the United States.”In addition to the Buyer’s Marketplace, the bank has implemented RES.NET’s Real-Estate-Owned (REO), Agent, Vendor, and Property Preservation portals to automatically track and manage its portfolio. Bank employees can now manage the entire process from the time a foreclosure has been conducted through the sale and closing. The new process is meant to herald the automation of multiple workflows, work cues, offer-management tools, and notification features.“With RES.NET, the complete portfolio can be viewed via the dashboard, providing real-time data and a more holistic view of our assets,” Torres continued. “Having access to this data is invaluable and helps ensure we are positioned for success in the future. Launching the Buyer’s Marketplace in combination with deploying our operating platforms is a pivotal moment for the bank’s OREO success.”“I am very pleased with the work we’ve accomplished together with the team at FirstBank Puerto Rico,” said Keith Guenther, Found and CEO of RES.NET. “It is the combined dedication of both our teams that allowed this large-scale development and implementation to occur in less than six months. We worked closely with the bank’s staff to scope and develop this customized marketplace to assist in connecting with potential buyers within Puerto Rico, as well as outside of the territory.” Home / Featured / FirstBank Puerto Rico Brings RES.NET Onboard to Streamline Operations  Print This Post Previous: Citadel Launches New Product Next: US Bank: The Legal Challenges of Default Servicing The Best Markets For Residential Property Investors 2 days ago in Featured, Headlines Bianca Torres Roman First Bank Puerto Rico firstbank puertorico Housing Market Kieth Guenther Mortgage Industry Originations RES.NET 2018-10-25 Staff Writer Subscribe Share Save Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days agolast_img read more

EURO 2020 Qualifiers: England thrash Montenegro 7-0 to secure qualification

first_img Source: BBC England celebrated their 1,000th game in style as they secured qualification for Euro 2020 and won Group A with an emphatic demolition of Montenegro at Wembley.Captain Harry Kane moved to sixth in England’s list of leading scorers as a first-half hat-trick took his tally to 31, while Alex Oxlade-Chamberlain opened the scoring on his first start for 18 months and Marcus Rashford was also on the scoresheet in that 45-minute barrage.As England and the Football Association enjoyed this landmark occasion, with a parade of legends and 1966 World Cup winners in attendance, Montenegro proved the most amenable of opponents, particularly in the opening half when Kane and company ran riot and the visitors’ defending was shambolic.Oxlade-Chamberlain finished superbly to begin the rout while Kane quickly added two headers, with all three goals created by Leicester City defender Ben Chilwell. England’s captain and Rashford were also the beneficiaries of Montenegro generosity before the interval.It was also in evidence in the second half when Aleksandar Sofranac diverted Mason Mount’s shot into his own net for England’s sixth.To complete a perfect night for Gareth Southgate and England- who by qualifying automatically ensured they will play all three Euro 2020 group matches at Wembley – the manager was able to give a debut to Leicester City’s James Maddison, while substitute Tammy Abraham scored his first full international goal.The introduction of Liverpool’s Joe Gomez appeared to be bizarrely greeted by some jeers from England fans after the clash with Raheem Sterling that saw the Manchester City forward dropped as a disciplinary measure, but otherwise Southgate’s side marked this gala occasion and qualification with a flourish before Sunday’s final game in Kosovo.last_img read more