Municipalities are using vacant property registration and code enforcement systems to cut back unprecedented foreclosure inventory management expenses.

According to mortgage market veteran Diane Gozza, an executive vice president of business development for Integrated Mortgage Solutions, a Houston-based company specialized in mortgage collateral protection and foreclosed property management services that include loss mitigation, inspections and preservation, hazard claims processing, property repair, default management and consulting—local government budget restraints eventually generate regulatory pressures for lenders, servicers, investors and outsourcing companies.

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