The sharing of information among vendors is crucial as it allows the system process to validate and distinguish duties according to timelines and business logics. Each vendor plays a unique role within the system and commands are executed according to this role. For example, a property in eviction status will require the agent or coordinator to change the status to vacant. When this command is executed, the eviction attorney will be notified and eviction action can then be canceled. Following this command, the agent will have 48 hours to re-key the property and submit a BPO package. The system timeline process begins tracking the movement of the property throughout each module creating awareness among the vendors associated with the particular REO. The system provides a sophisticated interface in real time with flexibility, stability, scalability and an open architecture. The system also provides intelligent reporting and tracking of REO properties, thereby reducing staff support, processing time and unnecessary paperwork.