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
Traditional lending standards no longer fit a growing segment of borrowers in the modern mortgage market. These individuals may be self-employed, gig-style workers, real estate investors, or Gen Z freelancers. Non-qualified mortgage (non-QM) loan options, such as those offered by Deephaven Mortgage, fill the gap with flexible underwriting methods, a debt service coverage ratio (DSCR), […]
From sales to OSC engagement, New Home Star shares how integrated AI and human workflows are reshaping results
