Tag Archives: Veros Real Estate Solutions

The real estate market will continue strengthening over the next 12 months, especially in the Pacific Northwest. That's according to the latest quarterly report by Veros Real Estate Solutions. ...

Veros Real Estate Solutions (Veros), a Santa Ana, California-based provider of data, analytics, and technology for the mortgage banking industry, has developed a solution for lenders specializing in PACE (Property ...

Veros Real Estate Solutions, a Santa Ana, California-based technology provider, announced Wednesday a new solution that satisfies the GSEs’ Uniform Closing Dataset requirements, which go into effect next week. “We are pleased to announce our new VeroDATAFI for lenders to be able to comply with the new UCD requirements and address the system and process challenges that September 25th will bring,” said Charles Rumfola, SVP of Strategic Initiatives at Veros. Veros already has a strong relationship with the GSEs. In fact, Rumfola said, “Veros played an integral part in successfully implementing the Uniform Collateral Data Portal (UCDP) for the GSEs, and we are looking to build on that success for UCD.”

Residential market values are projected to continue to increases over the next 12 months, with overall annual appreciation reaching 3.6 percent, up from its second quarter forecast of 3.1 percent.

According to the latest market forecast from Veros Real Estate Solutions, released Thursday, 83 percent of American homes are appreciating, especially in markets west of the Mississippi. In fact, the top 25 markets are west of the river. In contrast, 24 of the weakest 25 markets are east of it.

After nearly two years of frenzied price appreciation, home price gains are expected to drop off, according to the latest report from Veros Real Estate Solutions, a provider of enterprise risk management, collateral valuation, and predictive analytics. However, Veros does not cast a negative outlook for the market. Rather, the firm anticipates a stable market with slow price appreciation. “The wave of appreciation may have crested, but it has been an impressive recovery in many respects,” said Eric Fox, VP of statistical an economic modeling at Veros.