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Lenders initiate 500,000 short sales through Equator in one year 

Dec 28, 2010By

Lenders initiated more than 500,000 short sales on Equator’s automated platform in one year of operation, the technology provider said Tuesday. The company said it has seen “substantial growth” in its short sale operations, including a platform built specifically for the government’s Home Affordable Foreclosure Alternatives program, which launched in April to provide incentives to servicers for short sales and deeds-in-lieu of foreclosure.

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