News from Veros

Veros Real Estate Solutions (Veros), a Santa Ana, California-based provider of data, analytics, and technology for the mortgage banking industry, has developed a solution for lend…
VeroPACE, available through the VeroSELECT ordering platform, will generate, analyze, rank, and report the multiple Automated Valuation Models (AVMs) now required for PACE lending by California State Assembly Bill 1284 and the companion State Senate Bill …

Veros Real Estate Solutions is announcing today that it entered into a new partnership with Valligent. Veros is a leading developer of enterprise risk management services and p…
As a supporter of LendingLife, Veros agreed to give us a first look at its latest partnership they say will lower costs for mortgage lenders, by taking some of the legwork out of valuations. Being officially announced later today, Veros is teaming up with…

If your favorite weather forecaster warns that a storm is coming, you can be fairly sure you're going to get wet. Only a few decades ago, such confidence was impossible. But, than…
Although Property Value Forecasts are unlikely to have dedicated reports on the evening news, gauging which way the housing winds are blowing is of daily concern to lenders and stakeholders in U.S. financial services. For that reason, HousingWire invited …

The below is an excerpt from HousingWire Magazine: "The Future of Valuations" Featuring Valuation MVPs: "Companies delivering a fast, accurate valuation process." March 2018 Issue …
Companies delivering a fast, accurate valuation process: Veros' newest technology offering, VeroPRECISION, is the industry’s first property-specific Valuation Decision Engine designed to “cure the industry’s common cascade.” “We are proud to offer our cus…

Lessons Learned: Better Data, Better Decisions, Better Loan Performance The below is an excerpt from Mortgage Bankers Association (MBA.org) | Download full article By Chuck Ru…
For most in the mortgage business, March 19, 2012 came and went just like any other day. More specifically, this is the date when Fannie Mae and Freddie Mac mandated that the Uniform Appraisal Dataset (UAD) be a part of the loan delivery process for each …

  Some of the hottest housing markets hit double digit growths last year while at the same time fees and delays related to the appraiser shortage continue to rise, throwing…
Collateral valuations are a critical part of any loan, so the shortage of qualified appraisers puts up a serious roadblock in the mortgage process, especially for lenders who rely fully on appraisals for all transactions. With no end in sight to this shor…

[image courtesy of HousingWire] Veros Real Estate Solutions, a provider of automated property valuations, real estate analytics and collateral risk management systems, announce…
The integration allows lenders to place orders through Encompass to Sapphire and manage their own panel of appraisers or AMCs. For more info contact communications@veros.com or read the media coverage on HousingWire Magazine

The below is an excerpt from Valuation Review - Appraisal Technology Special Report  November 2016 Issue  |  Mike Holzheimer, Editor |  www.valuationreview.com View the full…
Appraisal compliance technology and big data to achieve compliant appraisal report: Data solutions and compliance technology can help appraisers remain compliant by providing support for their work and help appraisers keep their focus where it belongs.

The below is an excerpt from Valuation Review - Appraisal Technology Special Report  November 2016 Issue  |  Mike Holzheimer, Editor |  www.valuationreview.com PDF of the o…
FHA's Electronic Appraisal Delivery (EAD) portal roll out has had minimal impact to the appraiser community. The appraisal portal delivery "technology is easy to use and adapt to" says Cheryl Walker, Home Policy Division Director for HUD

  Uniform data sets provide clarity for lenders, GSEs It's been nearly eight years since the housing market collapsed, but the mortgage industry is on the path to building a …
Uniform Closing Dataset (UCD) collection system: Uniform data sets provide clarity for lenders, GSEs. Bankers need to be prepared to adopt policy changes and technology processes to adhere to new procedures for data delivery.

It’s been nearly eight years since the housing market collapsed, but the mortgage industry is on the path to building a foundation for long-term success. Part of this success can …
A data makeover: How agency delivery requirements impact the industry's future. Use of UCD collection system to be mandatory by late 2017.

The deadline has arrived for mandatory submissions to the Federal Housing Administration's Electronic Appraisal Delivery portal, but as many as one-third of lenders that originate…
The deadline has arrived for mandatory submissions to the Federal Housing Administration s Electronic Appraisal Delivery portal, but as many as one-third of lenders that originate FHA-insured mortgages have yet to use the new system.

"We welcome the opportunity to partner with such a dominant provider in the valuations arena", says Brian Coester, CEO. CoesterVMS, a national appraisal management company, gives …

MarketWatch.com article: Veros reports that residential market values will continue in a positive trajectory over the next 12 months, with overall annual appreciation rising to +3.6% from its Q2 forecast of 3.1%.