Santa Ana, Calif. – May 1, 2019–Veros™ Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services, and predictive analytics, has received the 2019 HW TECH100™ Award. The annual award from HousingWire magazine recognizes the 100 most innovative technology companies in real estate, mortgage lending, mortgage servicing, and investments.
For the past six years, HousingWire has distinguished the industry’s top innovators, and in all six years Veros has been among them. Between the many innovative startups and technology giants, the nomination process has become increasingly competitive. This year’s field was no exception.
According to the magazine’s announcement, “This year’s winners continue to push the edge of innovation to move markets forward. The future is here and it’s because these companies continue to push the limits of possible.”
Veros was distinguished for delivering “powerful systems and solutions that control risk and increase profits throughout the mortgage lifecycle.” Among these, special attention was paid to VeroPRECISION, “an AVM suitability logic that gives lenders the ability to run analysis that can determine if an AVM or traditional evaluation method is the best choice for a property.”
Other solutions mentioned were VeroSELECT, “a valuation management platform with offerings from more than 20 providers”; VeroFORECAST, which “provides quarterly projections of property value trends up to two years into the future”; and the company’s newest product, VeroPACE, “designed to simplify the multiple-AVM requirement for lenders specializing in PACE loans in California.”
“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.”
For more information about VeroPRECISION, VeroSELECT, and the many other innovative solutions from Veros, email communications@veros.com or call (866) 458-3767.
About HousingWire
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
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. Veros’ services include automated valuation models, fraud and risk detection; portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is also the primary architect and technology provider of the GSEs’ Uniform Collateral Data Portal (UCDP). For more information, visit www.veros.com or call 866-458-3767.
For Media Inquiry
Toll Free: 866.458.3767
Corporate Office: 1.714.415.6300
Email: communications@veros.com
