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Veros Software (www.veros.com)
located in Santa Ana, California is shaping the future of mortgage technology
through its continuous predictive technology leadership by providing innovative
and highly accurate solutions in collateral assessment.
Veros
Software
combines the power of predictive technologies with industry leading
techniques, available data and industry knowledge to create the most advanced form
of automated valuations available today.
Our technologies evolved from years of research and development
projects in the aerospace, technology and manufacturing industries that utilized
advanced science to more accurately predict results. Veros’ advanced techniques
have been used on mission-critical prediction problems such as orbital spacecraft
reentry and aircraft engine design and manufacturing for organizations such as Boeing,
the U.S. Military, Pratt & Whitney, GE and NASA.
By combining multiple valuation methods, each using different predictive technologies
(e.g. Bayesian, neural network,
advanced statistical/mathematics, probabilistic, data mining) in one AVM increases our ability to render values and increase the accuracy
of our valuation. We run approximately
10 different valuation methods for any given subject property compared to other
vendors that may run only 2-4 basic methods.
Veros currently delivers property
valuations in 40 states and over 600 counties nationwide. In addition to VeroVALUE's
meaningful confidence scores and the high usable hit rates, VeroVALUE also generates
property fitness analytics, fraud detection, price trend information, secured valuations,
and VeroFORECAST, an analytic tool that estimates future values and market stability.
For more information on Veros Software and
the exciting products made possible by our predictive technologies, visit our corporate
website at: www.veros.com
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