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Automated Valuation Models Can Help Identify Home Appraisal Bias in Minority Communities

The results revealed no evidence of racial basis in the VeroVALUE AVM.

“We found that the proportion of properties that are undervalued by 15% or more is not correlated with the proportion of Black, Hispanic, Asian, or White populations,” said Eric Fox, Veros Real Estate Solutions Chief Economist. “This is crucial because it addresses concerns about undervaluations of minority-owned properties.”

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Housingwire Tech100 Awarded to Veros Real Estate Solutions

Veros Real Estate Solutions Named to HW TECH100 for Eighth Consecutive Year

SANTA ANA, Calif., March 3, 2021—Today, Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced it has received the 2021 HW TECH100™ Mortgage Award. The annual award from HousingWire magazine recognizes the 100 most innovative technology companies in the housing economy. For the past eight years, HousingWire has

Veros Real Estate Solutions Named to HW TECH100 for Eighth Consecutive Year Read More »

Veros Real Estate Solutions Honored with Seventh Consecutive Annual HW Tech100 Award from ‘HousingWire’

Veros Real Estate Solutions Honored with Seventh Consecutive Annual HW Tech100 Award from ‘HousingWire’

SANTA ANA, Calif., March 9, 2020—Today Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced it has received the 2020 HW TECH100™ Mortgage Award. The annual award from HousingWire magazine recognizes the 100 most innovative technology companies in real estate, mortgage lending, mortgage servicing, and investments.  For the

Veros Real Estate Solutions Honored with Seventh Consecutive Annual HW Tech100 Award from ‘HousingWire’ Read More »

Great News! VeroSELECT now offers the full VeroVALUE Suite in one effortless valuation management system

Today’s enhancement unveils expanded capabilities of VeroSELECT with access to all VeroVALUE’s suite of data and analytic tools, including the ability to deploy portfolio/batch ordering. Existing VeroSELECT customers can continue to manage their cascades, property condition reports, broker price opinions, and all that VeroVALUE currently provides. All this is available via the centralized web interface and direct

Great News! VeroSELECT now offers the full VeroVALUE Suite in one effortless valuation management system Read More »

Webinar: 2017 Outlook: What's next for our housing and mortgage nation?

2017 Outlook: What’s next for our housing and mortgage nation?

Webinar The mortgage market is currently faced with a rising interest rate environment. Industry economists project a 40% drop in refi activity. Where will originators find purchase volume? What’s next for the housing economy? How will industry leaders adapt to current market conditions? The webinar replay and slides are available for viewing and download. The

2017 Outlook: What’s next for our housing and mortgage nation? Read More »

Veros Offers New Enhancements to VeroSELECT, its Valuation Management System

Santa Ana, California – Veros continues to position itself as an industry leader in automated valuation models (AVMs) and residential collateral management systems with the launch of the latest enhancements to VeroSELECT. The enhancement allows for the integration of two existing tools — VeroBPO and VeroPHOTO Plus — directly into VeroSELECT’s fully transparent collateral risk management platform. Designed to deliver

Veros Offers New Enhancements to VeroSELECT, its Valuation Management System Read More »

FHA Launches EAD Portal System Enhancements

On March 14, 2016, FHA announced reminders of important updates to its Electronic Appraisal Delivery (EAD) portal. The original announcement was released on February 26 in FHA INFO 16-11, “Planned EAD Portal March 14, 2016 System Enhancements; Updated Data Delivery Guide Now Available”, which also included the reminder that, “the Federal Housing Administration’s (FHA) Electronic

FHA Launches EAD Portal System Enhancements Read More »

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