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Veros and Accurate Group Partner to Provide AVM, eValuation and Appraisal Services

Lenders stand to cut costs in home lending with expedited, cost-saving services with high, verifiable valuations

Santa Ana, Calif. – May 30, 2018 – Veros Real Estate Solutions (Veros®), a leading developer of enterprise risk management, collateral valuation and predictive analytics services, and Accurate Group, a leading provider of technology-driven real estate appraisal, title data and compliance services, announced today that they have partnered to provide a complete, end-to-end collateral valuation and analytics solution that will enable home equity lenders and other mortgage industry participants to cut costs and increase operational efficiencies.

Both companies’ services will be integrated through Veros’ VeroPRECISION valuation decision engine, the industry’s first property level, next-generation AVM decision logic technology. VeroPRECISION uses sophisticated data analysis to first determine a subject property’s suitability for an automated valuation model (AVM).

Independent testing shows that while 70% to 80% of property valuations are accurately valued by the industry’s high-quality AVMs, the balance requires hands-on analysis through an alternative, such as a desktop, drive-by, or traditional appraisal. The 20% to 30% of subject properties determined more appropriate for another valuation source can be automatically upgraded to a ValueNet™ appraisal delivered by Accurate Group. ValueNet combines the best desktop appraisal technology with the hands-on expertise of local appraisers to deliver a more accurate appraisal at a lower cost than traditional methods.

In cases where VeroPRECISION instantly deems a property appropriate for AVM valuation, those customers will immediately receive one of the industry’s top performing AVMs. Based upon machine learning in a production environment, the VeroPRECISION decision engine determines the most accurate valuation at the subject property level.

“With the combination of rising interest rates and rapidly escalating property values, homeowners are increasingly choosing to remain in and remodel their homes and tap available equity through a home equity line of credit rather than traditional refinancing,” said Robert Walker, CMB, CMT Vice President of Sales at Veros. “By partnering with Accurate Group to provide comprehensive home equity appraisal services, we have created a seamless, integrated solution that streamlines the origination process while also effectively mitigating valuation-related risk.”

“Accurate Group is committed to delivering our clients the fastest, most accurate property appraisal on every order,” said Frank Guarnera, Executive Director of Valuations for Accurate Group. “By partnering with Veros to leverage VeroPRECISION, we are able to more quickly identify the best appraisal approach, saving valuable time in responding to lender and servicer requests. Our combined approach reduces turn time and cost, while also improving the quality of property valuations.”

The VeroPRECISION Valuation Decision Engine is available through VeroSELECTSM, Veros’ vendor-agnostic, single-enterprise management platform, which provides access to a comprehensive suite of more than 25 innovative collateral risk solutions from 15-plus vendors, helping lenders best assess collateral values at origination and across existing portfolios. In addition to VeroPRECISION, Accurate Group’s ValueNet suite and the VeroVALUE suite of valuation products, VeroSELECT also offers AVM Cascade Management, VeroBPO Broker Price Opinions, VeroPHOTO Plus: Property Condition Reports, and Veros’ proprietary, best-in-class valuation forecasting tool, VeroFORECAST™.

“From a compliance and performance standpoint, VeroPRECISION is a game changer in the home equity lending space, ” Walker said. “Rather than valuing properties based on broad geographic regions where inaccuracies will often occur, we first determine whether or not each property is a good candidate for an AVM. And, with the introduction of Accurate Group’s ValueNet suite of specialized appraisal products, our home equity lending customers will have access to a complete, cost-effective valuation solution that will enable them to reduce expenses and shorten cycle times for the 20% to 30% of properties for which an AVM may not be the optimal solution.”

Click VeroPRECISION for more information.

About Veros Real Estate Solutions

A mortgage technology innovator since 2001, Veros is a proven leader in enterprise risk management and collateral valuation services. The firm combines the power of predictive technology, data analytics, and industry expertise to deliver advanced automated solutions that control risk and increase profits throughout the mortgage industry, from loan origination to servicing and securitization. Veros is also the primary architect and technology provider of the GSEs’ Uniform Collateral Data Portal® (UCDP®) and other proprietary digital data delivery portals. For more information, visit or call 866-458-3767.

About Accurate Group

Accurate Group is a leading provider of technology-driven real estate appraisals, title data, analytics and compliance. Accurate Group combines exceptional service, innovative technology and its proprietary AccurateAudit™ compliance foundation to provide banks, credit unions, servicers, non-bank lenders and capital markets firms with the best combination of speed, quality, regulatory compliance and price. With Accurate Group, lenders, consumers and capital markets firms benefit from market-leading solutions that improve accuracy, lower costs and improve compliance across all types of real estate loans, mortgage-related assets and real estate portfolios. Visit


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Media Contacts

Darcy Patch
VP of Marketing
Phone: 714.415.6398

Accurate Group
Correne Jackman
Phone: 216.672.3620

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