NMP - July 2018 - 33

Veros Announces
Partnership With Accurate
Group

Veros Real Estate Solutions and
Accurate Group have announced
that they have partnered to
provide a complete, end-to-end
collateral valuation and analytics
solution that will enable home
equity lenders and other
mortgage industry participants to
cut costs and increase
operational efficiencies.
Both companies' services will

be integrated through Veros'
VeroPRECISION valuation decision
engine. VeroPRECISION uses
sophisticated data analysis to first
determine a subject property's
suitability for an automated
valuation model (AVM).
In cases where
VeroPRECISION instantly deems
a property appropriate for AVM
valuation, those customers will
immediately receive an AVM.
Based upon machine learning in
a production environment, the
VeroPRECISION decision engine
determines the most accurate
valuation at the subject property
level.

"With the combination of rising
interest rates and rapidly
escalating property values,
homeowners are increasingly
choosing to remain in and
remodel their homes and tap
available equity through a home
equity line of credit rather than
traditional refinancing," said
Robert Walker, CMB, CMT Vice
President of Sales at Veros. "By
partnering with Accurate Group
to provide comprehensive home
equity appraisal services, we
have created a seamless,
integrated solution that
continued on page 81

33

NationalMortgageProfessional.com

FHA 203(k),
FNMA HomeStyle®,
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n National Mortgage Professional Magazine n JULY 2018

offering eSignature capability
throughout the entire mortgage
process."
MortgageHippo provides
mortgage lenders with a suite of
Web and mobile-ready products
that enable an efficient, secure
and fully online borrower
experience from the point-of-sale
to closing. Lenders can order
disclosures directly from their
loan origination systems (LOS),
most of which are already
integrated with DocMagic.
"We are pleased to partner with
MortgageHippo and offer our
mutual lender clients a strong
digital mortgage point-of-sale
solution that integrates tightly with
our platform and LOS partners,"
said Steve Ribultan, Director of
Business Development at
DocMagic. "Integrating with
MortgageHippo is yet another step
that DocMagic is taking to deliver
on the promise of achieving a truly
paperless digital mortgage
process."
DocMagic has also announced
a partnership with KeyStoneB2B,
where DocMagic's SmartCLOSE
will be provided through the
KeyStoneB2B platform, enabling
lenders and settlement service
agents using the KeyStoneB2B
platform to connect seamlessly
to SmartCLOSE. DocMagic's
SmartCLOSE is a central portal
for sharing and collaborating on
documents, data and fees.
"Loan information changes on
a moment to moment basis, and
without a central system of
record, lender compliance relies
on multiple parties involved in
the transaction, and their ability
to proactively connect with each
other to reconcile data, fees and
information," said Dominic
Iannitti, Chief Executive Officer
of DocMagic. "With the amount
of detail and the number of
people involved, it's almost
impossible to achieve completely
accurate and consistent
information unless there's a
single system of record."
James V. Luisi, Chief
Information Officer and Chief
Technology Officer for
KeyStoneB2B, said, "Now that
our lender customers have
seamless access to
SmartCLOSE, they and their
settlement service providers can
establish an accurate, alwaysupdated single system of record,
which will save them a lot of time
and prevent a lot of potentially
costly errors and inconsistencies.
Plus, they benefit from a host of
other features, not the least of
which is compliance with the
GSEs' UCD mandate prior to its
June deadline."


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Table of Contents for the Digital Edition of NMP - July 2018

Contents
NMP - July 2018 - Cover1
NMP - July 2018 - Cover2
NMP - July 2018 - 1
NMP - July 2018 - Contents
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