Santa Ana, Calif. – Veros™, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, today announced that it has been recognized by HousingWire as a recipient of their prestigious 2018 HW TECH100™ Award. This is the fifth year since the award’s inception, and the fifth consecutive year Veros has been honored.
The HWTECH100 recognizes the most innovative technology companies in the U.S. housing economy, spanning real estate, mortgage lending, mortgage servicing and investments.
“These companies provide innovative solutions and are moving the housing finance industry forward as technology rapidly changes how the landscape operates,” said HousingWire Online Editor Caroline Basile.
According to HousingWire, the quantity of applicants for the 2018 awards increased from previous years and the final list of 100 companies demonstrates the depth and range of technology solutions that are available for those operating in the housing economy.
“The number of fintech companies serving the mortgage industry has exploded over the last several years – making the choice of just 100 companies this year very difficult,” said HousingWire Magazine Editor Sarah Wheeler. “Companies in the 2018 TECH100 represent the leading edge of solutions and services that will propel mortgage companies toward success.”
“We are incredibly honored to be named once again to the HW TECH100,” said Chuck Rumfola, Veros senior vice president of strategic initiatives. “Veros has long been committed to innovation and we take great pride in our ability to address complex industry issues through the application of cutting-edge technology solutions. With the introduction of our VeroPRECISION valuation decision engine in 2017, we’ve delivered a turn-key solution for fully automated, property-specific valuation services for mortgage origination, loan servicing, due diligence and loss mitigation use.”
A privately held company established in 2001, Veros delivers data and analytic solutions that span the mortgage continuum, including automated valuation models (AVMs), residential market forecasts, home price indices, market risk tools, appraisal scoring tools, and market-to-market valuations. Veros’ workflow and decision management solutions represent the largest and most advanced appraisal and valuation services platforms in the country and are the cornerstone of how valuation data flows through the U.S. mortgage industry.
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at www.housingwire.com.
About Veros Real Estate Solutions
Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations (AVMs), fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For more information, please visit www.veros.com or call (866) 458-3767.
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