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Informative Research
and Veros Software Expand Access to VeroVALUE Automated
Valuation Model
IR Users Now
Experience Increased Capacity and Functionality
SAN DIEGO, Oct. 21 – Informative
Research (IR), a leading provider of mortgage reporting
services announced today the unveiling of its web based
automated property valuation ordering interface that utilizes
predictive technologies from Veros Software. Informative
Research customers can now experience the full value of
Veros’ superior technology with the convenience of
ordering automated valuation reports directly from the IR
web site.
Informative Research and Veros have succeeded
in developing a common XML-based interface through which
customers can easily order and receive an automated valuation
model (AVM). While IR customers have ordered VeroVALUE AVMs
over the past year, the new interface allows for tight integration
with IR’s website, providing a transparent channel
for users.
“Informative Research has been a
valued partner of Veros Software, and their customers have
become accustomed to the speed, accuracy, and value based
confidence scores of our AVM and other collateral assessment
tools,” said Darius Bozorgi, President and CEO of
Veros Software. “We are fully supportive of the direction
that IR is taking with their ordering platform and look
forward to the opportunities that this site will present
to further showcase AVMs to their customer base.”
“Veros is an innovator in the predictive
technology realm, enhancing their proprietary technology
to reduce risk, lower costs, and streamline the process
for their customers. The partnership is an excellent match
for IR as we look to further develop the different options
we offer our customers and partners,” stated Bill
Dufour, President of Informative Research. “At IR,
we provide the best service on each interaction so that
we can maximize our customer’s success. Integrating
the AVM technology into our website is another way to ensure
that we are maximizing customer value by supplying a higher
level of ease and functionality.”
Users can order AVMs by visiting Informative
Research’s web site at http://www.informativeresearch.com
and clicking on the Account Access page. Informative Research
customers will be able to set individual confidence thresholds,
order and receive AVMs online, and receive a consolidated
billing statement for all products and services ordered.
About Veros Software
Veros Software (www.veros.com) located in Irvine, California
is shaping the future of Mortgage technology through its
continuous predictive technology leadership by providing
innovative solutions in automated valuations with meaningful
confidence scores and the highest usable hit rates available
for true value in any production setting. Veros currently
provides valuations in 40 states and over 600 counties nationwide.
In addition to its market leading valuations, VeroVALUE
also generates property fitness analytics, price trend information,
and VeroFORECAST, an analytic tool that estimates future
values and market stability.
About Informative Research
Informative Research is a privately held information provider,
servicing the mortgage lending industry since 1946. Informative
Research was founded to provide research services aimed
at reducing the risk faced by the banking and lending community.
During its 56-year history, IR has evolved into one of the
nation’s recognized leaders for full service mortgage
information services, distinguished by its implementation
of technology and its Commitment to Customer Excellence
(C2E), which emphasizes extraordinary relationships with
the lenders, brokers, and agents involved in the loan process.
For further information regarding the benefits of working
with Informative Research, please contact us at 714-638-2855,
or visit http://www.informativeresearch.com.
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All brand names,
trademarks, or registered trademarks are the property of
their respective holders.
Contacts:
Sarah Ross
Communications
Informative Research
714-638-2855, ext 221
sarahr@informativeresearch.com |
Tina Shilling
Veros Software
949-250-0000, ext 3451
tshilling@veros.com |
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