Offering a greater level of security and service to Borrowers and Appraisers
Santa Ana, Calif. – Sept. 7, 2017 – Veros Real Estate Solutions (Veros), one of the fastest growing technology leaders in enterprise risk management, collateral valuation and predictive analytics services, announced today Veros’ Sapphire Valuation Management Platform enhancements to help lenders be compliant with secure appraisal delivery and payment automation.
“To continue to serve our customers and offer one of the most robust valuation management platforms, we have improved Sapphire with easy payment, communication and delivery options to improve the lenders’ service to their borrowers,” said David Rasmussen, Senior Vice President of Operations for Veros. “The Sapphire enhancements will help lenders be compliant with the Equal Credit Opportunity Act (ECOA), through secure payments, electronic appraisal delivery and acceptance, and a time-stamped audit trail to give peace of mind that every step in the appraisal process has been met.”
Sapphire enhancements include easy online ordering with secure online payments, secure appraisal delivery, in addition to Sapphire’s existing comprehensive ordering, review, reporting and administrative functions backed by the proven reliability of Veros systems. The new integrated payment method provides the ability for Borrowers and Appraisers to complete their payment online at a time and place convenient to them, as well as payment notifications and payment tracking. With Sapphire, users can also electronically deliver the appraisal to Borrowers and track their electronic delivery. With this functionality, Borrowers will have the ability to review and download the appraisal online through the Sapphire secure web portal.
For more information on Sapphire or to learn more about Veros, visit www.veros.com.
About Veros Real Estate Solutions
Mortgage technology innovators 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. For more information, visit www.veros.com or call 866-458-3767, option 2.
Jennie L. Craig
Veros Press Desk
714.415.6300, option 6