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All Press Releases for October 24, 2003 Subscribe to this News Feed    
 

Informative Research and Veros Software Expand Access to VeroVALUE Automated Valuation Model; IR Users Now Experience Increased Capacity and Functionality

Informative Research and Veros Software have enhanced the ease for IR customers, providing the full value of Veros direct from the comfort of the IR home page at http://www.informativeresearch.com

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 IRs 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 customers 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 Researchs 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 nations 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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Sarah Ross
INFORMATIVE RESEARCH
714-638-2855
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