Rockville, MD (PRWEB) January 28, 2016
CoesterVMS, a national appraisal management company, is integrating with Veros Real Estate Solutions to provide CoesterVMS customers with enhanced UCDP responses, which will result in faster review times.
CoesterVMS users will also have access to the FHA’s new Electronic Appraisal Delivery (EAD) portal, which will be required for all FHA-approved mortgagees on or after June 27, 2016. Providing this access early allows lenders to be compliant ahead of the required deadline.
“Working with Veros allows us to provide our customers with the latest access to valuation technology so they can better serve their customers and remain compliant,” said Brian Coester, CEO of CoesterVMS. “We welcome the opportunity to partner with such a dominant provider in the valuations arena.”
Providing an accurate valuation in a timely manner while ensuring compliance with all of the existing and new regulations is necessity to lenders.
“Veros is pleased to welcome CoesterVMS to the family of technology providers using our proprietary PATHWAY system-to-system connection to help their customers deliver electronic appraisal data to Freddie Mac, Fannie Mae, FHA and other mortgage stakeholders in the loan lifecycle,” commented David Rasmussen, senior vice president of operations for Veros Real Estate Solutions. “By providing strong portal delivery services, we are working together to enhance mortgage efficiency and loan value quality.”
About Veros Real Estate Solutions
Veros Real Estate Solutions, an award-winning, proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For more information, please visit http://www.veros.com or call (866) 458-3767.
CoesterVMS is a nationwide appraisal management company that specializes in providing comprehensive management of appraisal operations for mortgage lenders. CoesterVMS’ in-house appraisal management solution combines the best service with the most advanced technology on the market. CoesterVMS guarantees all appraisal reports to fully comply with all regulations and guidelines. The company's Cloud Control appraisal management technology is the only software of its kind to be built on the award-winning Salesforce.com platform, and its “Coester-Mer” service is earning the company a reputation for the best customer service in the industry. Headquartered in Rockville, Maryland, CoesterVMS was founded as a local appraisal company and has since grown to a formidable nationwide force in the appraisal management segment. For more information please visit CoesterVMS online at http://www.CoesterVMS.com.