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Equator Hires Ashley Bean as Vice President of Certification

Industry veteran to lead training, certification and marketing programs for real estate agents

Los Angeles, CA — November 13, 2012 — Equator, the national leader in default servicing technology, has hired industry veteran Ashley Bean as vice president of certification. In her new role, Bean will oversee Equator’s training, certification and marketing programs for real estate agents. These programs enable real estate agents to meet the needs of servicers on the Equator platform, while maximizing their own productivity and efficiency.

Bean has over 20 years of senior management experience in the default servicing industry. Prior to joining Equator, she served as director for default services real estate owned of late stage defaults for HSBC, a nationwide consumer and mortgage lender, where she was responsible for operational performance, business strategies, and system integrations. She has also worked for Transamerica Financial, where she was manager of foreclosure, bankruptcy and REO, and GE Capital Mortgage, where she was assistant manager of foreclosure, bankruptcy and REO.

“Our corporate goals and standards make it imperative that agents using our platform are educated on new standards and practices in the industry,” said Chris Saitta, CEO of Equator. “Ashley brings a deep industry knowledge and expertise in Equator’s platform. Her long track record of developing and implementing agent training will help us educate agents and provide them with solutions that help to grow their business. We could not be happier to welcome her aboard.”

“Real estate agents play a critical role in the default channel—making sure they have the right education and the right tools creates a positive ripple effect in the industry as well as in the U.S. economy,” said Equator COO John Vella, who explained that over the course of the year, Equator launched a series of upgrades and new products to the agent community, including an upgrade to its agent workstation and a mobile web version of its software for agents.  Training agents on how to best leverage  the benefits of certification and new products will be a priority for Bean.  “We are fortunate to have Ashley on the team. She has the knowledge and expertise to continue helping agents with the training and tools necessary to manage short sale and real estate owned properties, while better serving our clients.”

About Equator
Founded in 2003, Equator is the leading provider of default software solutions for lenders, servicers, real estate agents and other mortgage and real estate industry professionals. The company’s infrastructure software as a service (iSaaS) solutions include EQ Workstation, EQ Marketplace™, EQ Midsource® and EQ Portals™, which can be used a la carte or as an end-to-end solution. The company’s REO, short sale and loss mitigation modules have processed nearly half the nation’s distressed properties this year and over $150 billion in transactions since inception. Four of the top five financial institutions currently use Equator’s platform. Equator is headquartered in Los Angeles with offices in Seattle, Dallas, and Irvine, California. For more information, please visit Equator.com.