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, secured
valuations and VeroFORECAST, a new 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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