Veros Platforms Offer Electronic Appraisals To Investors

Posted by Orb Staff on June 17, 2010 No Comments
Categories : Residential Mortgage

Real Estate Solutions has confirmed that its platform systems are ready to deliver appraisals to investors in MISMO 2.6 format to meet new industry requirements for electronic appraisal data delivery. Veros' VeroSELECT platform is designed to route and return appraisals and all other forms of valuation products, including broker price opinions (BPOs), automated valuation models (AVMs), and automated risk, fraud and data products. With its connectivity into investor portals, the platform provides the ability to assist lenders in meeting investor compliance requirements and identify potential valuation concerns, Veros says. The flexibility to route valuation orders across multiple service sources provides Home Valuation Code of Conduct compliance, while tracking all transactions and data elements in a real-time, fully auditable reporting module. VeroSELECT also maintains all data points from the valuation source, including a PDF of the entire report. Veros' VRM system enhances the VeroSELECT technology by adding a scalable valuation review module and enhanced quality-control functionality, the company adds. SOURCE: [link=http://www.veros.com/20100616_Veros_ElectronicAppraisals.html]Veros Real Estate Solutions

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