RockTop Partners Signs on With RIO Genesis

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Firm leverages analytics and legal expertise for enhanced trade and portfolio performance.

RIO Software Solutions today announced:

RockTop Partners has signed on with RIO Genesis to meet their technology platform needs, according to Jason Pinson, founding partner and president of the Arlington, Texas-based purchaser of residential loan portfolios, specializing in title-impaired loans and properties.

“RockTop Partners has experienced tremendous growth in recent months and we fully expect to see that trend continue,” said Pinson. “That being the case, we decided that the RIO Genesis technology platform better enables us to leverage our proprietary analytics and legal expertise to enhance both trade acquisition execution and portfolio performance.”

RockTop Partners provides servicers and investors a quick resolution to unmarketable assets with a title, legal, HOA, compliance and other issues through their flow and bulk-purchase programs of performing, non-performing and re-performing loan portfolios as well as REOs.

“An American Land Title Association survey determined that title problems are found in up to 36 percent of all residential real estate transactions, our experience in successfully curing over 60,000 title defects shows that between 10 and 15 percent of the loans or assets in any given portfolio have defects serious enough to trigger reps and warrants, impair servicer loss mitigation execution and/or negatively impact asset price,” added Pinson. “Because of this, we believe it is critical to our continued success that we utilize all the power of the RIO Genesis technology, as well as strategically partnering with the National REO Brokers Association and other real estate-related RIO users to provide servicers and investors with an effective solution.”

According to Pinson, RockTop acquires assets from multiple sources and was looking to establish a quality broker network and decided that the NRBA membership was the perfect solution.

“NRBA members are the elite real estate professionals across the country specializing in bank-owned properties,” said Pinson. “Our strategic alliance with them greatly improves our service capabilities.”

The RIO (Real Estate Information Organizer) Genesis technology platform includes modules for: Management and Marketing; Full Transaction Workflow and Tasking; Open Reporting and Scoring; Staff Direction; Document Manipulation and Paperless Storage; Lead Generation and Tracking; Offer Management and Closing; Enhanced Communications; Email Integration; Accounting and Billing; Compliance; Due Diligence; Valuation, and boasts of unmatched analytics capabilities.

“RIO Genesis is actually more than a simple software program; it is an inclusive, affordable solution for running all aspects of a real estate-related enterprise,” said Michael Krein, Ph.D., CEO of RIO Software Solutions, Inc. and President of the NRBA. “We are delighted to be associated with RockTop Partners, who are always on the lookout for properties to purchase as one-offs or in bulk, and we look forward to building a very strong business relationship in the months and years ahead.”

Learn how RIO Office can empower your business and make you more profitable and more efficient than ever before! http://www.RIOGENESIS.COM

For additional Information:
RIO Software Solutions
CEO
Michael P. Krein, Ph.D.
702-480-1815
mkrein(at)riogenesis(dot)com

*All Product and company names herein may be trademarks of their respective owners

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Cionne Soester
@RioGenesis1
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