Rekon Technologies Adds Supplemental Documents to Rekon Software

Online, March 2, 2010 (Newswire.com) - Rekon Technologies, a leading software vendor in the mortgage loan servicing industry, announced the addition of new documents to their flagship software product, Rekon. These new documents supplement the existing lien release preparation and recording processes.

With these new documents, servicers will now be able to expand their workflow to manage and respond to the unique situations in the day-to-day management of lien release creation and recording. Some of the areas in which these documents can be used are the release of short sales, partially releasing portions of a property from a loan and clearing the title of a property that has been clouded by incomplete assignments on the chain.

"Rekon software is the dominant lien release and reconveyance preparation software for loan servicers in the industry, currently being used by over 80% of top residential loan servicers," says Aurora Marsh, chief executive officer of Rekon Technologies, "With the current increase of short sales, lenders need the ability to release these loans rapidly. This provides our clients the ability to manage these scenarios all on a one-stop solution."