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 distinguished the industry’s top innovators, and in all eight years, Veros has been among them. Between the many innovative startups and technology giants, the nomination process has become increasingly competitive.
According to the magazine’s announcement, the companies that earned the honor this year did so under extraordinary circumstances. “After the uncertainty and unpredictability of last year, we expected a greater adoption of technology. However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients and companies for years to come.”
“We are incredibly honored, for the eighth-time, to be named by HousingWire as part of its elite HW TECH100 list,” said Brian Fluhr, Veros vice president of marketing. “For the Veros Team, it is also well-earned recognition for the tremendous effort, resilience and seamless transition to remote work, all while accelerating the innovative ways we provide data and analytics that deliver impactful solutions to empower our customers and resellers.”
Veros received HW TECH100 recognition for a unique program it developed in 2020 that provided a COVID-19 tracker to the industry to detect hotspots and provide its customers with data for the ability to stay safe and informed during the Coronavirus pandemic.
Additionally, the company was recognized for its Veros Disaster Data Solution that helps customers accurately manage how damage from a natural disaster has impacted investment portfolios. Veros’ automated valuation models (AVMs), as well as residential market forecasts, collateral risk and valuation tools provide clients with the capacity for more proactive portfolio management, increased conversion rates and deeper insights into potentially risky scenarios earlier in the transaction.
During post-disaster analysis, Veros offers a dashboard to visually demonstrate the impact a disaster has on a servicer’s portfolio. This executive-level view sets the foundation for increasing efficiency and accuracy while reducing the cost of identifying which properties in a servicer’s portfolio have likely been directly impacted after a disaster.
HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.
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’ services include automated valuation, fraud and risk detection; portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is the primary architect and technology provider of the GSEs’ Uniform Collateral Data Portal® (UCDP®). Veros also works closely with the FHA to support its Electronic Appraisal Delivery (EAD) portal. The company is also making the home buying process more efficient for our nation’s Veterans through its appraisal management work with the Department of Veterans Affairs. For more information, visit www.veros.com or call 866-458-3767.
Vice President of Marketing
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