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JAN 11, 2013 4:58pm ET

Keystone Asset Management Forms Partnership

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Looking to enhance the efficiency of their services for lending institutions and servicers, default mortgage solutions provider Keystone Asset Management has entered into a strategic partnership with RealtyPilot to utilize its cloud-based valuation technology.

Through this partnership, designated BPOs for REO listings and valuation assignments completed by Keystone agents must be completed through RealtyPilot’s platform. This will go into effect on Jan. 22.

However, this rule does not apply for assignments managed in a third-party operating platform, such as Equator or Res.Net.

The use of RealtyPilot’s platform for Keystone assignments will be of no cost to brokers and agents through this partnership. This free membership is only valid for tasks and assignments designated by Colmar, Pa.-based Keystone.

For ease of use, RealtyPilot has developed a smartphone application for both iPhones and Androids, allowing the user to take photos and upload them directly to the BPO within the RealtyPilot system.

RealtyPilot’s platform utilizes integrated nationwide multiple listing service data as part of its automated solution. The Phoenix-based company’s technology allows agents to access MLS data directly through the online BPO platform or to upload an MLS export file, similar to an Excel spreadsheet. Use of this tool eliminates the risk of data entry errors, as well as increases the overall efficiency of the BPO valuation process.

“An internal initiative of ours is to continue to improve the efficiency of our services and processes,” said Ryan Hennessy, vice president of marketing and business development for Keystone Asset Management. “RealtyPilot’s progressive mentality and technological solutions are a great compliment to the innovative managerial philosophies instilled within our culture.”

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