Veros Real Estate Solutions, a mortgage technology leader in enterprise risk management, collateral valuation and predictive analytics services, announced new enhancements to its VeroSELECT API. Expanding the platform's capabilities allows Veros' clients to integrate valuation services with their back-office systems for seamless and scalable valuation management, the company announced.
VeroSELECT provides a full suite of valuation alternatives, including full access to VeroBPO, VeroPHOTO Plus (PCR) and untethered access to the industry's top performing AVMs -- including Veros' flagship AVM, VeroVALUE and Freddie Mac's HVE -- in one platform.
“VeroSELECT, considered one of the most stable and versatile valuation management platforms available in the market, extends this enhanced API capability to our clients – providing the ability to easily integrate and handle high-volume transactions with ease,” Veros Operations Senior Vice President David Rasmussen said in a release.
VeroSELECT offers a number of objective and cost-effective valuation tools in a variety of flexible options so that lenders have absolute control over their workflow. Full compliance and security controls, best-in-class reliability, and superior in-house customer support make VeroSELECT an efficient, transparent, and cost-effective way to assess collateral risk.
This single gateway enables VeroSELECT partners to access open, industry-standard REST Application Programming Interface (API) – allowing them to integrate, customize and extend volume ordering of AVMs, Broker Price Opinions (BPOs), Property Condition reports (PCRs) quickly and easily.
“The API enhancement streamlines both the ordering and processing of AVMs with PCR and BPO valuations for power users to not only save time, but also to strengthen the risk decisions through complex, cascading logic and real-time data access,” Rasmussen said.