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February 29, 2008
REO Sentinel Offers New Property Monitoring Technology
REO Sentinel LLC has introduced a new technology called REO Sentinel, a patent-pending self-powered device intended to help servicers keep watch over their REO properties by providing ongoing monitoring of any gases, visitors and damage from the elements that may be affecting the property.
Lenders and property preservation managers can select visibility of all events at a portfolio level, or they can examine an individual property for a more granular review, the company says. A Web-based dashboard - showing the status of each property and any alerts that have occurred over a user-configurable timeframe - is also available.
Posted by S. Germain at February 29, 2008 08:29 AM