New Service Focuses on Occupied REO

Jackson & Associates, an Irvine, Calif.-based provider of legal services and legal process management to the real-estate owned industry, has launched a new platform for managing recovery of occupied REO.The company said its platform, Symphony, is a specialized system designed to control the risk associated with occupied REO, and manages the legal and related processes involved in post-foreclosure property recovery. "The risks incident to the recovery of occupied REO are quite different from vacant REO, both in terms of the frequency and severity of risk exposure," said Robert Jackson, president and senior managing attorney at the firm.

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