Veros Real Estate Solutions is a top choice for real estate data and technology.
Exciting news! Our sister company @Valligent has launched its GSE Data Collection Suite to support lenders that want to utilize @Fannie Mae’s value acceptance + property data and @Freddie Mac’s ACE+ PDR solutions.
The combined forces of Valligent and Veros provide lenders with a unified ecosystem of solutions for a compliant, efficient, and accurate valuation process. By partnering with Valligent and leveraging the ICE Mortgage Technology® Platform, lenders will have access to a seamless technology solution that can solve all property valuation and collateral risk management needs.
Veros Real Estate Solutions releases 2023 Q2 VeroFORECAST, which anticipates a strengthening housing market for the next year. The report further indicates that while the Western markets, once the darlings of the real estate world, display signs of weakness, the Midwest and Eastern states have emerged as hotspots for homebuyers seeking affordability and economic stability.
VeroFORECAST Sees Western Housing Markets Struggle, While Those Further East Shine Read More »
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.
Veros’ Study Demonstrates Its AVM is Not Influenced by Historical Redlining Read More »
Zeller has over 25 years of experience in marketing management, product marketing, and corporate strategy in the financial services, real estate, and fintech industries. In her new role, Zeller will lead the marketing and communications teams to position Veros and sister company Valligent as thought leaders and go-to resources for property valuations, risk management solutions, and insightful housing industry data and forecasts.
Veros Names Heather Zeller Vice President, Marketing Read More »
We are excited to launch the Valligent Appraiser Training Program (VATP) to promote diversity across the appraiser field. This program closely aligns with the Appraiser Diversity Initiative (ADI), in which Veros and Valligent are also involved, working with the National Urban League’s regional Entrepreneurship Centers, the Appraisal Institute, Fannie Mae and Freddie Mac. The ADI is designed to find diverse, talented candidates and educate them about the appraiser profession.
The Q1 2023 VeroFORECAST anticipates home prices will be flat overall for the next twelve months. This is a slight improvement from the 0.5% annual depreciation forecast just one quarter ago.
The Q3 2022 VeroFORECAST anticipates home prices will appreciate on average just 1.5% for the next twelve months. This is a significant drop from the 4.5% annual appreciation forecast just one quarter ago.
One of the mortgage industry’s biggest challenges is identifying and preventing potential racial bias in the home valuation process. This report analyzes home valuation data in minority communities in the following cities: Chicago, Atlanta, Houston, Los Angeles, Philadelphia
Veros Economists find no evidence of racial bias in its AVM Read More »
The Q3 2022 VeroFORECAST anticipates home prices will appreciate on average just 1.5% for the next twelve months. This is a significant drop from the 4.5% annual appreciation forecast just one quarter ago.
