While AVMs have consistently been enhanced on an individual basis over the past decade, AVM cascades haven’t seen the same type of advancements. Veros designed VeroPRECISION to disrupt the traditional AVM cascade approach and create a forward-thinking alternative option for home equity lending, one that includes an AVM decision engine that optimizes the AVM experience for the lender and saves AMCs unnecessary expenses and valuations.
Publisher: Veros
Date: June 2019
Following two years of rate volatility in the housing market, accurate mortgage pricing has become more important that ever for mortgage lenders and their capital market partners. In response to this need, lenders across the industry have employed innovative tools to meet this demand. How can lenders keep up with a constantly-evolving market? More importantly, […]
In today’s economy, mortgage rates and housing expenses have consistently risen. As a result, older citizens are tapping into their retirement savings to cover costs—if they have it. However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new […]
