SANTA ANA, Calif (PRWEB) February 17, 2010
BRES Advisors announced these days a key advance in REO asset management with the release of its REOlytics Method. REOlytics represents the mortgage industrys very first program to address essential REO management issues faced by servicers in the midst of the largest and increasing REO inventory in United States history.

The development of REOlytics was supported by the STRATMOR Group, a major mortgage market consulting firm, and the Stahura-Brenner Group, a top provider of IT solutions to businesses throughout the globe. STRATMOR developed the analytics incorporated into REOlytics whereas Stahura-Brenner was responsible for both the program and database architecture and programming of core technique functions and user interfaces.

Its been exciting for us to be involved in a improvement that can have the effect we believe REOlytics will have, mentioned Dr. Matt Lind, Managing Director at STRATMOR and the principal architect of REOlytics analytics. The tools presently offered to servicers REO departments are basically inadequate to deal with the present predicament. No one foresaw this virtual tsunami of foreclosures and the huge monetary stakes involved.

REOlytics, which meets institutional safety and backup needs, has been implemented as a internet-application service that operates on BRES servers and can be swiftly set-up and integrated into corporate IT environments with minimal IT sources.

Jay Ledbetter, the founder and CEO of BRES Advisors, intends REOlytics to be to REO property choice management and valuation what Fannie Maes Desktop Underwriter