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MReport: Veros Launches VeroPACE to Assist Lender Compliance

Veros Real Estate Solutions (Veros), a Santa Ana, California-based provider of data, analytics, and technology for the mortgage banking industry, has developed a solution for lenders specializing in PACE (Property Assessed Clean Energy) loans in the state of California, where new compliance requirements went into effect on January 1, 2018. VeroPACE, available through the VeroSELECT …

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VALUATION MVP: Veros Applies AI to Simplify and Improve Valuation Decisions

The below is an excerpt from HousingWire Magazine: “The Future of Valuations” Featuring Valuation MVPs: “Companies delivering a fast, accurate valuation process.” March 2018 Issue  |  www.HousingWire.com  |  PDF of the original article as it appeared in HousingWire Since 2001, Veros Real Estate Solutions has held a leading role in the mortgage industry’s collateral valuation space. Veros is …

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Appraiser Compliance, Technology Go Hand-In-Hand

The below is an excerpt from Valuation Review – Appraisal Technology Special Report November 2016 Issue  |  Mike Holzheimer, Editor |  www.valuationreview.com The more technology is applied to a race car, the faster that car will reach the finish line, one would assume. In appraising, crossing the finish line would indicate a compliant appraisal report. …

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EAD Adaptable for Some, Technologically Challenging for Others

The below is an excerpt from Valuation Review – Appraisal Technology Special Report November 2016 Issue  |  Mike Holzheimer, Editor |  www.valuationreview.com PDF of the original article as it appeared in Valuation Review The Federal Housing Administration’s (FHA) Electronic Appraisal Delivery (EAD) portal became mandatory for use by mortgagees in June. Mortgagees needed to be registered for …

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A Data Makeover: How agency UCD delivery requirements impact the industry’s future

Uniform data sets provide clarity for lenders, GSEs It’s been nearly eight years since the housing market collapsed, but the mortgage industry is on the path to building a foundation for long-term success. Part of this success can be attributed to how the government-sponsored enterprises rebuilt the foundation on data. The process to create a common …

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Hundreds of Lenders Still Haven’t Used FHA Appraisal Portal

The deadline has arrived for mandatory submissions to the Federal Housing Administration’s Electronic Appraisal Delivery portal, but as many as one-third of lenders that originate FHA-insured mortgages have yet to use the new system. The good news is most of the laggards have at least registered to use the portal, and any company that hasn’t …

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Veros’ Sapphire Solution Now Integrated With FHA’s EAD Portal

Veros Real Estate Solutions, which makes valuations software for the real estate and mortgage banking industries, reports that its Sapphire solution is the first valuation management platform to offer connection to the Federal Housing Administration’s (FHA) electronic appraisal delivery (EAD) portal. In addition, the appraisal-order interface provides direct connection to Fannie Mae and Freddie Mac’s …

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Veros to Offer Direct Connection to New FHA Appraisal Portal

Valuation software company Veros will offer a direct connection to the Federal Housing Administration’s new Electronic Appraisal Delivery portal using the same interface it offers for submitting appraisals to the government-sponsored enterprises. Veros is the developer of the GSEs’ Uniform Collateral Data Portal, as well as the FHA’s new EAD technology. In addition, the Santa …

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