Appraisal Management & Loan Data Delivery Solution
Appraisal Management & Loan Data Delivery Solution
Seamless Electronic Appraisal Delivery
Veros is the official technology provider for the Uniform Collateral Data Portal ® (UCDP®). Led by Fannie Mae and Freddie Mac under the direction of the FHFA, UCDP is the first industry-wide initiative to facilitate the transmission of standardized appraisal data in order to improve data quality and reduce repurchase risk. Complemented by the Uniform Appraisal Dataset (UAD) initiative, these programs dramatically improve the industry’s ability to communicate in a consistent language and to review valuation risk much earlier in the loan life cycle.
PATHWAY provides you with a seamless submission solution to Fannie Mae, Freddie Mac and FHA’s appraisal delivery portals — all with minimal integration effort required. PATHWAY is an ideal solution for volumes too large for manual upload to UCDP or EAD’s web interfaces.
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Features
Veros Joins Snowflake Data Marketplace to Expand Accessibility to VeroHPI
Veros Real Estate Solutions (Veros®) is pleased to announce joining Snowflake’s® Cloud Data Platform, making Veros’ data products available in the Snowflake Data Marketplace, starting with Veros’ proprietary home price index, VeroHPI™. This collaboration provides customers streamlined access to comprehensive real estate insights, enhancing real estate decision-making processes, operational efficiencies, and easily assessing risk from within a customer’s own data warehouse.
Housing Market Grapples With Elevated Rates And Limited Supply
The once-sizzling housing market of 2020-21 seems like a distant memory as 2024 unfolds. What was a frenzy of bidding wars and record-low inventory has morphed into a more cautious landscape, marked by high mortgage rates and stubbornly low supply. This shift presents a complex challenge for both homebuyers and sellers.
Inflation, Rates, and the Housing Market
Inflation is on the rise, and according to Riskwire’s latest webcast, this means rates will stay higher for longer. In webcast episode #17, Research Economist Reena Agrawal and Chief Economist Eric Fox explain why home prices are expected to keep rising, albeit modestly. Their forecast predicts a national average increase of 2.9%, but with regional variations. Tune-in now for insightful perspectives.
