In the News

The debate heats up as the appraiser shortage continues to lengthen the appraisal process, creating problems for homebuyers who can’t afford to buy their homes all in cash. According to a recent article published by the Urban Institute, the slow appraisal system is giving cash buyers the upper hand. Not just in hot markets, but nationwide a combination […]

At the mortgage industry’s biggest conference of the year, the Mortgage Banker’s Association (MBA) annual gathering in Boston, the direction of the industry was made clear for 2017. MBA President and CEO David H. Stevens, opened the convention on a political tone with his message, “Today, you are being discouraged from lending to some first-time

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

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