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Veros Joins California Mortgage Bankers Association

Mar 01, 2012

Santa Ana, Calif. — March 1, 2012 — Veros Real Estate Solutions (Veros), an industry leader in collateral valuation technology, enterprise risk management, and predictive analytics, has announced that it has joined the California Mortgage Bankers Association (CMBA) as a member, effective immediately.

CMBA is a statewide organization dedicated to representing the residential and commercial real estate finance industry before all government and regulatory agencies. Its mission is to promote a business, economic and legal environment conducive to the efficient and ethical conduct of all aspects of mortgage banking and real estate finance.

“CMBA is a well-known and trusted organization committed to sound business practices and honesty in marketing, origination, lending and servicing of mortgage loans. As a company that prides ourselves on transparency in analytics and technology, we are excited to be a part of CMBA’s network promoting the same values from a technology perspective,” said David Rasmussen, senior vice president of operations for Veros. “Most importantly, our membership with CMBA creates a vehicle for us to strengthen our relationship with the local mortgage banking community so we can better meet their needs.”

Veros is also an active member of the Mortgage Bankers Association (MBA), the Mortgage Industry Standards Maintenance Organization (MISMO), Real Estate Investment Protection Agency (REIPA), The Appraisal Foundation and Collateral Assessment & Technologies Committee (CATC).

About Veros Real Estate Solutions

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For more information, please visit www.veros.com or call (866) 458-3767.


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