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Tag Archives: Veros

Veros and JVI Team Up to Launch Property Inspection Product

Veros Real Estate Solutions and JVI Solutions LLC announced the launch of VeroINSIGHT this week. It&'s a comprehensive property condition report to address new regulatory guidance surrounding collateral evaluations. According to the two companies, VeroINSIGHT goes beyond existing collateral evaluation products by uniformly capturing aspects of the property's current condition, as well as its general marketability.

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Veros Expands Platform with IntelliReal’s iAVM

Veros Real Estate Solutions has expanded its third-party product offering through VeroSELECT with an intelligent automated valuation model (iAVM) from IntelliReal. The platform is designed to route and return AVMs and other forms of valuation products with secure management of vendors, users, products, and services.

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Veros White Paper Highlights Interagency Appraisal Guidelines

Veros, a provider of collateral valuation technology, enterprise risk management, and predictive analytics, recently released a white paper titled ""Interagency Appraisal & Evaluation Guidelines: Insights into Understanding and Integrating the New Guidance."" The white paper seeks to clarify the expanded language in the guidelines issued by federal regulators last December.

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Veros’ Valuation Platform Ready for New GSE Appraisal Requirements

Veros announced Monday that its VeroSELECT valuation management platform now gives lenders the ability to order, manage, and electronically deliver appraisals in compliance with the new requirements mandated by Fannie Mae and Freddie Mac for the Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal (UCDP). These initiatives are part of the GSEs' program intended to standardize and drive data quality to benefit the entire mortgage industry.

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Property Appreciation Expected in 40% of Major Metro Areas in 2011

According to the latest forecast from Veros Real Estate Solutions, select markets in the United States can expect 2.5 percent to 3.5 percent appreciation in home values over the next 12 months. Although only mild appreciation is anticipated, approximately 40 percent of all major metro areas are forecast to see property values go up in 2011. Veros places San Diego, California, at the top of the list in terms of strong price gains. Homes in Reno, Nevada, on the other hand, are projected to lose the greatest share of equity.

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Veros Sees Strength in Texas Home Values, Declines for Florida, Nevada

The Texas metro areas of Houston and Dallas show the strongest home price appreciation over the next 12 months in the most recent market forecast from Veros Real Estate Solutions. The company says its analysis shows Texas cities leading the nation, with home prices in these areas expected to post the biggest gains in the months ahead. Meanwhile, key markets in Florida and Nevada will likely see home prices drop another 6-7 percent over the next year.

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Veros Integrates with a la mode’s Mercury Network for Appraisals

Oklahoma City's a la mode recently announced that Veros Real Estate Solutions has integrated their VeroSELECT and Valuation Risk Management products with the company's Mercury Network vendor management platform. The integration connects Veros' platform clients with one of the industry's largest networks of real estate appraisers and appraisal management companies, and provides electronic appraisal submission in full compliance with the GSE's Uniform Mortgage Data Program (UMDP) requirements.

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