Santa Ana, Calif. – September 3, 2014 – Veros Real Estate Solutions(Veros), an award winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, today announced that Veros President and CEO Darius Bozorgi has been invited to speak at the Bipartisan Policy Center’s Housing America’s Future: New Directions for National Policy 2014 Housing Summiton Monday, September 15, at 2:30 PM EDT at the Renaissance Washington, DC Downtown Hotel in the Renaissance East meeting room.
Directly involved with the technology and strategy that influenced industry-shifting changes and resulted in increased transparency and risk management capabilities for agencies in the secondary market, Bozorgi will be sharing his insights on the vital issues that impact today and tomorrow’s housing policy environment.
Co-presenting on the executive session “Don’t Throw the Baby Out with the Bathwater: Building on Current Reforms”, Bozorgi will be joined on the panel with industry influencers including Theodore Tozer, President, Ginnie Mae; Meg Burns, Senior Associate Director for Housing and Regulatory Policy, FHFA; Chris Katopis, Executive Director, Association of Mortgage Investors; and Shawn Smeallie, Managing Partner, American Continental Group.
Recent policy changes implemented by Fannie Mae and Freddie Mac, under the direction of the FHFA, have resulted in increased data quality and reduced risk for the entities and stakeholders. The panel will focus on how these proven strategies should be applied across the U.S. housing finance system in order to reduce risk and increase stability for the mortgage market and the investment securities that these markets support.
With Bozorgi at the helm, Veros was selected in 2010 by Fannie Mae and Freddie Mac as the technology provider for the Uniform Collateral Data Portal (UCDP). In this role, Veros has been responsible for building, maintaining and supporting the UCDP system, as well as managing all lender and vendor connectivity. The company also provides its own valuation platform solutions, which are offered directly to lenders and vendors to manage the collateral valuation process and ultimately deliver the required, standardized electronic appraisal data to UCDP. These platforms include solutions for enterprise-level organizations as well as small to mid-sized firms with a higher delivery load than manual portal data entry resources could support. The Veros solutions assist all company types in fully automating the collateral valuation process, increasing appraisal quality control prior to UCDP submission, and adding more comprehensive valuation risk management practices into their appraisal workflows.
The summit is open to press. To request press credentials, please email press@bipartisanpolicy.org.
About BPC 2014 Housing Summit
Designed by the Bipartisan Policy Center, a Washington-based think tank that seeks to develop and promote bipartisan solutions to the nation’s most complex policy problems, the 2014 Housing Summit will bring together top administration officials, members of Congress, leaders in real estate and finance, and housing practitioners and experts from across the country. The Summit will serve as a platform to elevate new ideas and be a much needed catalyst for change. For more information, visit http://bit.ly/1uCLajO .
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’ award winning 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, 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.
