Valligent, a Veros Software company, has announced the launch of ValDESKTOP(SM) for streamlined desktop appraisals. It utilizes Fannie Mae’s® Form 1004 Desktop or Freddie Mac’s® Form 70D for appraisals. It offers lenders convenience and cost savings over the traditional appraisal due to the added efficiencies gained in the process.
In the News
This strategic collaboration marks a significant milestone in the LenderX commitment to delivering innovative solutions that empower well-informed decision-making processes. The fusion of Veros’ expertise in the AVM domain with LenderX’s dedication to excellence will provide partners and clients with unparalleled insights and precision in property valuations.
Read the latest National Mortgage Professionals article titled “Lending a Hand to Appraiser Trainees,” where Jeff Hogan, Veros Real Estate Solutions Senior Vice President, Valuations and Valligent’s new Chief Appraiser, discusses the Valligent Appraisal Training Program (VATP) and how lenders can help the current appraiser shortage.
Kristin Gruidl, Senior Product Manager at Veros, discusses the positive industry impacts of recent changes to Fannie Mae’s Modernization Initiative. The modernization of valuations will help lenders, appraisers, and risk investors, and Veros is proud to be a part of the continued effort to standardize and collect data that helps to improve collateral valuation risk management
Veros’ study examined AVM predictions for single-family properties in redlined versus non-redlined neighborhoods close to one another in Los Angeles, California. Veros’ economists used this approach because mortgage funds were historically abundant for non-redlined areas, while they were scarce or non-existent for redlined areas. To enable proper testing, the areas selected for analysis had single-family homes on both sides of the boundaries.
How Can Home Equity Lenders Differentiate Themselves? In the National Mortgage Professional’s recent article, “Standing Out in a Crowded Home Equity Market,” written by Jeremy McCarty, Founder and CEO of Valligent, shares insights on how lenders can play a crucial role in helping homeowners tap into their home equity in a high demand home …
Curious where the Spring 2023 housing market is headed?
Listen to the latest episode of the National Mortgage Professionals podcast titled “What to Expect from the Spring Buying Season,” where Eric Fox, Veros’ Chief Economist, discusses the recent dramatic market volatility and how it may stabilize.