DepotPoint brings technology innovation to the distressed property market with state-of-the-art solutions that deliver transparency, efficiency and intelligence to every default servicing transaction. The company's flagship technology, TrackPoint, is a default management platform that incorporates a web-based workflow engine and tracking system for managing assets through the entire default servicing process.
TrackPoint includes a flexible workflow engine, custom reporting, configurable process controls, and data and document management. By automating and streamlining default transactions, TrackPoint allows servicers and investors to recover distressed assets faster, reduce costs, and scale operations. TrackPoint is an enterprise-class solution and the foundation of DepotPoint's default servicing applications, including TrackPoint Loss Mitigation and TrackPoint REO. TrackPoint's industry leading workflows effectively assist users through each step of a transaction, assigning, automating, scheduling and tracking each task, including third party service providers. The technology is deployed as a web-based, software-as-a-service (SaaS) platform, hosted and administered by DepotPoint.
Founded in 2005, DepotPoint is headquartered in Bellevue, Washington.