Equator

Equator provides a robust SaaS platform for managing distressed mortgage assets, covering their full lifecycle from early delinquencies through real estate owned (REO) sales. It offers asset managers, investors, and servicers a modern solution to streamline portfolios. Integrating customizable workflows, the platform aims to mitigate risk and enhance asset value for these complex property types.

Equator was co-founded in 1990 by CEO Chris Saitta and Chairman Mark McKinley. Initially known as REOTrans, the company focused on offer management within the distressed property sector. Their insight recognized the critical need for a standardized, technology-driven approach to simplify managing real estate assets originating from mortgage defaults, addressing a significant market inefficiency.

The platform serves mortgage servicers, real estate investors, and asset managers, enabling efficient property management and default servicing. Equator's vision centers on connecting stakeholders across the distressed asset lifecycle, delivering integrated solutions optimizing outcomes for transacting real estate under challenging market conditions. This fosters greater market efficiency and transparency for all participants.