Provides technological advances in today's default servicing industry. It also administers the REO Asset Management System (REOAMS™) for servicers, attorneys, real estate agents, title companies, contractors, and financial institutions. The REOAMS™ is the most advance central default servicing system that allows servicers to manage all of their default servicing needs. Utilizing a single web-based point of access, servicers can now automate their default workflow, manage, communicate, deliver, and assign relevant duties to their vendors with a powerful connection. The results are fast and efficient communication between outside vendors and the servicers. It reduces losses and virtually eliminates human errors. The system uses a universal business logic that meets Freddie Mac and Fannie Mae default servicing guidelines and can be customize to meet specific servicer's needs. All participating vendors will experience maximum performance with a streamlined business process that integrates corporate logics to automate and reduce the cost associated with REO Management. .