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VeroFORECAST provides mortgage lenders with future home price forecasts
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The Need to Know More
The market is changing fast. But then it always changes fast. When home prices are appreciating, lenders need to know what markets will hold the most opportunity in the months ahead. When prices are falling, risk mitigation is a key concern and future home price forecasting becomes an even more important tool. Regardless of what the market is doing, the need for lenders to know more about the future value of their collateral has never been greater.
Don't Look Back to See Ahead
Outdated models based on historic price fluctuations or a single economic variable have been outclassed by new analytics that allow forecasters to understand and automate the complex relationships between price changes and a host of economic variables.
Only VeroFORECAST is robust enough to take into account historical home price trends, interest rates, unemployment, the affordability index, inventory, seasonality influences and numerous other indicators to provide a complete picture that result in forecasts that have been statistically proven to accurately predict future home prices.
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Delivery Options for VeroFORECAST Report
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| Individual Property Report or Portfolio Run
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 Quick reference indicator identifying the forecasted market conditions  (appreciating, stable or depreciating)
 Three, six, and twelve month forecasts for residential values within a specific  market area
 Forecasts are based on an analysis of historic local price trends and their  specific relationships to local, regional and national econometric data
 Charts of four common but significant economic data sets used within the analysis
 to produce residential valuation forecasts
 Delivered on a per report basis or portfolio report run
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| Quarterly Subscription Reports |
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 18-month forecasted home price change
 Coverage includes 700+ counties and tens of thousands of ZIP Codes
 Historical performance-weighted composite price index
 Granular forecasts by property type (Single Family Residence/Condo)
 and 3 price tiers
 Analysis of over 50 economic variables on both macro and micro levels
 Quarterly subscriptions include 100+ Metro Markets or Custom 
County & ZIP Code Reports
 Subscription access is provided in a Microsoft Excel or text file
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| Product Benefits
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 Know which markets will hold the most opportunity 18-months out
 Mitigate risk by prioritizing default management by projected loss severity
 Better loan underwriting
 Meet new investor guidelines for collateral valuation
 More accurate valuation of existing loans and loan pools
 Better overall risk management for federal regulatory compliance
 The ability to take your business into the future with confidence
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Solutions Utilizing VeroForecast:
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