Monthly Archives: October 2014

Mortgage Harmony Corp. Partners with the Collingwood Group

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Tysons Corner, VA and Washington, DC (PRWEB) April 27, 2011

Mortgage Harmony Corp. and The Collingwood Group today announced an alliance to help enhance market awareness of the HarmonyLoan to homeowners, homebuyers, loan originators and other mortgage finance professionals, and investors. Mortgage Harmony Corp. is a provider of innovative residential mortgage products and services that are designed to bring long-term stability to the housing finance industry. The Collingwood Group is a Washington, DC-based business advisory firm whose services include securing business opportunities within the public and private sector, as well as helping financial service companies comply with, interpret and operate effectively within the ever-changing regulatory environment.

The HarmonyLoan is a ground-breaking residential mortgage product unlike any other. Its consumer-initiated interest rate-resetting mortgage aligns the interests of the consumer and the lending organization and professional in a way that is unprecedented in the industry, allowing homeowners to adjust their interest rates with the market without the cost and hassle of a traditional refinance or new mortgage. It is a product that will benefit consumers both financially and from a simplicity perspective, and will be an outstanding offering for financial professionals, who will enjoy greater customer retention and portfolio stability, along with superior financial security with these mortgages.

We are delighted to join forces with Mortgage Harmony Corp., said Joe Murin, Chairman of The Collingwood Group. The HarmonyLoan product is a unique, win-win for everyone. A hassle-free, no-cost mortgage rate reset will give a homebuyer or homeowner greater economic security and control, and make the mortgage a more stable investment for the lender and other financial servicers.

Brian Montgomery, Vice-Chairman of The Collingwood Group, agrees. In the current financial environment, our country needs new products that will help ensure that lenders sell homes to those that can afford them, the homebuyers can maintain accurate interest rates based on current levels, and foreclosures are minimized. The revolutionary HarmonyLoan promises to be able to provide these capabilities easily and cost-effectively. We will be happy to introduce this new product to our affiliates, so that they can in turn offer it to their clients.

We are very excited to team with The Collingwood Group, said Keith Kelly, Chief Executive Officer and Founder of Mortgage Harmony Corp. The companys partners bring a wealth of knowledge, history and experience in the financial services industry that will be a wonderful addition to our efforts as we strive to ensure that consumers and lenders become aware of HarmonyLoan and the outstanding benefits it will bring to them.

About Mortgage Harmony Corp.

Patton Boggs and The Collingwood Group Form Strategic Business Alliance

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Washington, DC (PRWEB) April 29, 2011

Patton Boggs LLP is pleased to announce today the formation of an innovative teaming arrangement with The Collingwood Group, LLC. The arrangement combines the strength of one of the nations premier law firms with one of the top business advisory groups in the financial services industry.

Patton Boggs expertise on legal, regulatory and policy issues facing the mortgage banking industry will be further enhanced by The Collingwood Groups ability to assist clients in defining their business goals and identifying ways to strategically implement them. By leveraging the resources of both firms, clients will have access to a more complete solution to their industry-related needs. In working together, Patton Boggs and The Collingwood Group will provide clients with an unprecedented approach to navigating through industry hurdles, on both the legal and operational fronts. Patton Boggs and The Collingwood Group will also collaborate regularly on client-focused written materials, events and media outreach.

Patton Boggs continues to be at the forefront of regulatory changes impacting the mortgage banking industry, including Dodd-Frank and other major rulemaking efforts by the Fed, HUD and the Consumer Financial Protection Bureau, as well as efforts by state and federal regulatory agencies to reshape the industry through enforcement action. The firms arrangement with The Collingwood Group is yet another way Patton Boggs can add value and efficiencies to the services were providing our clients, says Edward J. Newberry, managing partner.

Patton Boggs Mortgage Banking Group, which is led by Partners Richard Andreano, John Socknat and Michael Waldron, will spearhead the teaming arrangement on behalf of the firm and in doing so, will work with The Collingwood Groups leadership, which includes Joe Murin, former President and CEO of Ginnie Mae, and Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Mr. Murin and Mr. Montgomery both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets, and they remain in the spotlight due to their efforts at The Collingwood Group.

Were delighted about the formation of this teaming arrangement with Patton Boggs. This collaborative effort represents the first of its kind in the mortgage banking industry, bringing together thought leaders on housing and real estate finance with leading legal minds that specialize in these areas. This collaboration will enable us to bring highly focused expertise to our respective clients that relate to legal and regulatory compliance within the mortgage banking and real estate finance industries, says Chairman Joe Murin. Collingwood Partner Brian Montgomery agrees, saying The Collingwood Group is pleased to be joining forces with a well-regarded firm such as Patton Boggs. With Patton Boggs legal proficiency and Collingwoods expertise in both the public and private sector mortgage and financial service industries, there now exists a new and exciting opportunity for both our organizations and most importantly for our clients.

The teaming framework between the two firms will allow both to pursue, wherever appropriate, joint projects where the talents of both firms can be employed to meet potential client needs. Each firm will remain independent of the other.

About Patton Boggs LLP Based in Washington, DC, Patton Boggs is a leader in public policy, litigation and business law, and is well known for its deep bipartisan roots in the U.S. political arena. The firms core practice areas are Public Policy and Regulatory, Litigation, Business and Intellectual Property. With offices in New York, New Jersey, Dallas, Denver, Anchorage, Northern Virginia and internationally in Doha, Qatar and Abu Dhabi, United Arab Emirates, more than 600 lawyers and professionals provide comprehensive, practical and cost-effective legal counsel to clients around the globe. For more information, visit us at http://www.pattonboggs.com.

About The Collingwood Group, LLC

The Collingwood Group is a Washington, DC-based advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firms expertise spans all aspects of Agency, non- Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio acquisition, property management and asset disposition. For more information, visit: http://www.collingwoodllc.com.

CONTACT

Edward J. Newberry

202.457.5285

enewberry(at)pattonboggs(dot)com

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The Collingwood Group and Patton Boggs Form Strategic Business Alliance

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Washington, DC (PRWEB) April 29, 2011

The Collingwood Group LLC is pleased to announce today the formation of an innovative teaming arrangement with Patton Boggs LLP. The arrangement combines the strength of one of the nations premier law firms with one of the top business advisory groups in the financial services industry.

Patton Boggs expertise on legal, regulatory and policy issues facing the mortgage banking industry will be further enhanced by The Collingwood Groups ability to assist clients in defining their business goals and identifying ways to strategically implement them. By leveraging the resources of both firms, clients will have access to a more complete solution to their industry-related needs. In working together, Patton Boggs and The Collingwood Group will provide clients with an unprecedented approach to navigating through industry hurdles, on both the legal and operational fronts. Patton Boggs and The Collingwood Group will also collaborate regularly on client-focused written materials, events and media outreach.

Patton Boggs continues to be at the forefront of regulatory changes impacting the mortgage banking industry, including Dodd-Frank and other major rulemaking efforts by the Fed, HUD and the Consumer Financial Protection Bureau, as well as efforts by state and federal regulatory agencies to reshape the industry through enforcement action. The firms arrangement with The Collingwood Group is yet another way Patton Boggs can add value and efficiencies to the services were providing our clients, says Edward J. Newberry, managing partner.

Patton Boggs Mortgage Banking Group, which is led by Partners Richard Andreano, John Socknat and Michael Waldron, will spearhead the teaming arrangement on behalf of the firm and in doing so, will work with The Collingwood Groups leadership, which includes Joe Murin, former President and CEO of Ginnie Mae, and Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Mr. Murin and Mr. Montgomery both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets, and they remain in the spotlight due to their efforts at The Collingwood Group.

Were delighted about the formation of this teaming arrangement with Patton Boggs. This collaborative effort represents the first of its kind in the mortgage banking industry, bringing together thought leaders on housing and real estate finance with leading legal minds that specialize in these areas. This collaboration will enable us to bring highly focused expertise to our respective clients that relate to legal and regulatory compliance within the mortgage banking and real estate finance industries, says Chairman Joe Murin.

Collingwood Partner Brian Montgomery agrees, saying The Collingwood Group is pleased to be joining forces with a well-regarded firm such as Patton Boggs. With Patton Boggs legal proficiency and Collingwoods expertise in both the public and private sector mortgage and financial service industries, there now exists a new and exciting opportunity for both our organizations and most importantly for our clients.

The teaming framework between the two firms will allow both to pursue, wherever appropriate, joint projects where the talents of both firms can be employed to meet potential client needs. Each firm will remain independent of the other.

About The Collingwood Group, LLC

The Collingwood Group is a Washington, DC-based advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firms expertise spans all aspects of Agency, non- Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio acquisition, property management and asset disposition. For more information, visit: http://www.collingwoodllc.com.

About Patton Boggs LLP

Based in Washington, DC, Patton Boggs is a leader in public policy, litigation and business law, and is well known for its deep bipartisan roots in the U.S. political arena. The firms core practice areas are Public Policy and Regulatory, Litigation, Business and Intellectual Property. With offices in New York, New Jersey, Dallas, Denver, Anchorage, Northern Virginia and internationally in Doha, Qatar and Abu Dhabi, United Arab Emirates, more than 600 lawyers and professionals provide comprehensive, practical and cost-effective legal counsel to clients around the globe. For more information, visit us at http://www.pattonboggs.com.

Media Contact:

Debra Kaufmann

The Collingwood Group

202.626.9724

dkaufmann(at)collingwoodllc(dot)com

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AVM Technology Provides Insight Into Risk Assessment for Secondary Market Users

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Santa Ana, CA (PRWEB) May 02, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and collateral valuation services, has announced the release of a white paper entitled AVM Valuation and Forecasting Technologies: Capital Markets. It is free and available for download at http://www.veros.com/AVMValuationForecastingTechnologies.pdf.

The white paper provides insight into how the functionality of automated valuation modeling (AVM) technology helps to generate important information required to improve portfolio and risk management analytics, as well as optimize capital investment allocations. Also highlighted is the use of AVM technology in residential real estate platforms.

Three years after one of the biggest U.S. residential housing market crashes in history, investors still feel skittish about investments in the RMBS market due to discomfort in the ability to properly analyze risk, said William J. OBrien, capital markets sales director for Veros. While the housing market remains flat, there are opportunities available that can be capitalized on by making calculated risks using AVMs. Our goal is to breathe some life back into the housing markets by helping investors make smart decisions.

Included is a synopsis of what the data availability and analysis was pre-crisis and how this standard contributed to the housing market crash. A review of directives that addresses analytics and risk management post-crisis is also included. The paper concludes with an explanation of how AVM modeling provides the transparency and accuracy that investors need to be confident in making decisions.

This is the first of three white papers focusing on AVM technology and its various applications to the secondary investment market, as well as the residential housing market.

To download a free copy of the white paper, please visit: http://www.veros.com/AVMValuationForecastingTechnologies.pdf.

About Veros Real Estate Solutions

Veros Real Estate Solutions, a 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 additional information on Veros, visit http://www.veros.com or call (866) 458-3767.

Media Contact

Emily J. Carpenter-Pulskamp, APR

Public Relations Manager

epulskamp(at)veros(dot)com

(714) 415-6381

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Nationally Acclaimed Attorney Max Gardner Brings Operation Strike Back – Foreclosure Defense Boot Camp to Chicago

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Shelby, NC (PRWEB) May 11, 2011

Nationally acclaimed consumer bankruptcy attorney O. Max Gardner, III is bringing his proven foreclosure defense strategies to the Chicago area. Operation Strike Back The Foreclosure Fraud Defense Boot Camp will take place on June 18 and 19 at the Westin Hotel in Lombard, Illinois. Boot Camp attendees will join Maxs highly trained army of legal professionals who think like creditors so we can beat them at their own game.

Businessweek/Bloomberg calls Gardner the Go-to guy for consumer bankruptcy and describes his Boot Camps as a foreclosure Woodstock. Maxs Boot Camps have also been featured on CNNs Your Money, ABCs Nightline and the PBS Newshour, as well as in the New York Times, Wall Street Journal and Washington Post.

Gardner is passionate about protecting the little guy in what he sees as a national home foreclosure crisis. Our goal in presenting these Boot Camps, he says, is to provide the lawyers with the knowledge, skill and legal tools they need to provide the highest possible level of representation to their consumer clients.

His Foreclosure Boot Camp will teach legal professionals proven techniques for:

The Collingwood Group Opens New Office in Manhattan

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Washington, DC and New York, NY (PRWEB) May 18, 2011

The Collingwood Group today announced the opening of an office in New York City, New York. With its expanding New York client base, a dedicated New York office will enable The Collingwood Group to more effectively support the firms New York-based financial services clients. The new office, located at 245 Park Avenue, 24th Floor, New York, New York 10167, will be run by Managing Director Mark DeGennaro. The Collingwood Group headquarters will remain in Washington, D.C. at 1700 Pennsylvania Avenue, N.W.

Establishing this office represents a significant milestone for The Collingwood Group, said Joe Murin, Chairman. Collingwoods success in New York affirms the validity of the firms strategy that, especially during this period of market upheaval and unprecedented legislative and regulatory change, hedge funds, private equity groups and other large financial institutions would benefit from the unique Washington insight and guidance of a DC-based business advisory firm.

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based business advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firm is led by Joe Murin, former President and CEO of Ginnie Mae, and Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets. The firms expertise spans all aspects of Agency, non-Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio due diligence, acquisition, property management and asset disposition.

Contact:

Debbie Kaufmann The Collingwood Group

dkaufmann(at)collingwoodllc(dot)com

Phone – 202.626.9724

Mobile 301.252.3582

1700 Pennsylvania Avenue, N.W., Suite 200, Washington, D.C. 20006

202.540.9620 . http://www.collingwoodllc.com

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Chinese Drywall Complaint Center Demands Mortgage Relief For Florida & Gulf States Homeowners Stuck In Chinese Drywall Hell

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(PRWEB) May 18, 2011

The Chinese Drywall Complaint Center says, “The imported toxic Chinese drywall disaster in places like Florida, Alabama, Mississippi, Louisiana, Virginia, and Southeast Texas is the worst man made environmental disaster to ever hit the US, and unless someone steps up to the plate pretty soon, its just going to get worse for everyone. Everyone includes the completely innocent homeowners, who would have never knowingly purchased a toxic Chinese drywall home. Everyone also includes completely innocent children of homeowners stuck in these toxic Chinese drywall homes.” The group says, “We think it is insanity for major US banks, or loan servicers to continue to pretend that the toxic Chinese drywall environmental disaster is just going to go away on its own. Unless these homes are properly remediated, the disaster never goes away, it simply festers, and it gets worse.” They say, “We believe the time has come for major US banks, and loan servicing companies to step up to the plate to help these homeowners. Meaningful help for homeowners stuck in a toxic Chinese drywall home in Florida, Alabama, Mississippi, Louisiana, Virginia, and Southeast Texas would involve a substantial loan modification, along with what is called a 203-K mortgage. The unique feature of a 203-K mortgage program is it allows for a purchase price, and remediation built into the mortgage product.” http://ChineseDrywallComplaintCenter.Com

The Chinese Drywall Complaint Center says, “In places like Lee County, Florida, the Assessors Office has some toxic Chinese drywall homes valued at the land cost only. The actual home, or condo is worth zero. We think this should be a huge wake up call to all major US banks, or mortgage loan servicers. Do the pension funds, or investors know their securitized mortgage is worth nearly zero?” They also say, “At the same time we are horrified with the prospects of Florida real estate flippers buying toxic Chinese drywall foreclosures, and then doing a low end remediation-doomed to fail, or even worse, no remediation on the foreclosure, and then spinning the home to a new buyer, typically from out of state, or who has never heard of toxic Chinese drywall before. Is anyone in city, county, state, or the federal government remotely worried about any of this? Are the Fed’s ever going to show up to the toxic Chinese drywall disaster?” http://ChineseDrywallComplaintCenter.Com

The Chinese Drywall Complaint Center is saying, “Toxic Chinese drywall foreclosures can be great investments, if the investors, or home purchaser understands what they are doing, and the critical aspect of a proper home remediation. However, if the investor, or purchaser fails to do it right, the home ultimately becomes another foreclosure. We are doing everything possible to change the Florida toxic Chinese drywall foreclosure flipper quick buck, or go cheap mentality into something sane. But, it really is time for major US banks, and loan servicers to show up, by helping existing homeowners stuck in toxic Chinese drywall hell, and or insuring that toxic Chinese drywall foreclosures go through a rigorous remediation before they are allowed to be mortgaged to a new home purchaser, or investor.” http://ChineseDrywallComplaintCenter.Com

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Vermont Strengthens Captive Insurance Legislation; New Bill Signed into Law Allows Incorporated Protected Cells

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Montpelier, VT (PRWEB) May 20, 2011

Legislation passed by the 2011 session of the Vermont Legislature and signed into law by Governor Peter Shumlin expands Vermonts captive laws, to include allowing cells within a sponsored cell captive to be formed as incorporated protected cells. The bill was signed into law before a group of industry supporters on May 11.

This bill is testimony to our commitment to keep pace with the changing needs of this industry, said Governor Peter Shumlin. I commend the Legislature for their hard work and commitment to keeping Vermont the gold standard for captive domiciles.

Another change in the new captive insurance law creates greater flexibility within cell structures on business written by a sponsored captive and who can own a sponsored captive. These updates will allow more companies to domicile in Vermont and utilize the option of having incorporated cells. This is accomplished without limiting any rights or protections afforded by cells created by contract, said David Provost, Deputy Commissioner of Vermonts Captive Insurance Division.

Cell owners will now have more options, said Dan Towle, Director of Financial Services. Vermont will continue to license quality companies that may be sponsors of cell structures as long as they meet our regulatory requirements. The new law offers greater flexibility in their structures and ownership. Vermont currently has 18 sponsored cell captives with over 100 individual cells.

The bill also makes permanent the elimination of the first year minimum tax of $ 7,500 for newly licensed captives. It was a way for the Legislature and Governor to say thank you to an industry that has been so beneficial to Vermont, said Richard Smith, President of the Vermont Captive Insurance Association (VCIA). The VCIA was a strong supporter of this legislation and was a partner with the State in its passage.

After a strong 2010 with the licensing of its 900th captive insurance company, the State of Vermont enacted these changes to the Captive Insurance law in the Legislature as part of its annual enhancements to its captive statute, according to the Department of Banking, Insurance, Securities and Health Care Administration (BISHCA).

Vermont is off to its strongest start in years with nine captives licensed thus far with five applications in progress. Vermont is the largest captive insurance domicile in the U.S. and the third largest in the world, with $ 25 billion in gross written premium in 2010. Vermont is also home to captives formed by 42 of the companies that make up the Fortune 100, and 18 of the companies that make up the Dow 30 have Vermont captives.

Get to Know Captive Insurance

Captive insurance is a regulated form of self insurance that has been around since the 1960s, and has been a part of the Vermont insurance industry since 1981, when Vermont passed the Special Insurer Act. Captive insurance companies are formed by companies or groups of companies as a form of alternative insurance to better manage their own risk. Captives are typically used for corporate lines of insurance such as property, general liability, products liability, or professional liability. Growth sectors of the captive insurance industry include securitization, professional medical malpractice coverage for doctors and hospitals, and the continued trend of small and mid-sized companies forming captive insurance companies.

A sponsored captive is a structure created by a sponsor (typically an insurance company or other financial institution) to house individual insurance arrangements called cells. Each cell is created by the insured party, who is usually a customer of the sponsor, to insure its own risk. Such programs are ideal for insured who want to explore the use of a captive without starting their own or to address a short-term insurance issue (captives are considered long-term solutions to long-term issues). In many cases, they serve as incubator space for new captive insurance companies, as the cell owner discovers the benefits of creating their own captive.

An incorporated protected cell is a cell of a sponsored captive that is created under Vermonts corporation laws as a true corporation, as opposed to a cell that is created by contract.

For more information on Vermonts captive industry, please visit http://www.VermontCaptive.com, call Dan Towle at 802-828-5232 or email at dan.towle(at)state(dot)vt.us.

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Veros Real Estate Solutions Marks 10 Years of Business

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Santa Ana, CA (PRWEB) May 25, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and property valuation services, is celebrating its 10-year anniversary.

Veros is a significant provider of property valuation analytics, including automated valuation models (AVMs), automated fraud and risk analytics, as well as forecasting for the real estate and mortgage industry. Veros products and services allow users to manage the entire spectrum of collateral valuation products while simultaneously monitoring workflow for compliance.

The company began business in 2001 with the release of its lead AVM product, VeroVALUE. Considered to be the first secondgeneration AVM, VeroVALUE provides the necessary transparency the industry needs for reliable confidence scoring and sophisticated predictive modeling.

Veros was formed on the belief that the future of properly understanding and analyzing collateral risk depended on leveraging strengths of all available valuation methodologies and data sources, said Darius Bozorgi, Veros president and chief executive officer. Our mission was to respond to what mortgage stakeholders truly needed. We continue to pursue this today through advancement of our core analytics and through the development of flexible, efficient, and transparent property valuation ordering, review and scoring solutions.

Veros went on to successfully develop and release additional analytics that included collateral risk scoring solutions, real estate market forecast tools, distressed-market AVMs, condition reports, and a variety of targeted analytics and solutions for use by top lenders and servicers. The company also was on the forefront in identifying the need for automated property valuation platforms and offered its first platform solution in 2007.

In 2010, Veros was chosen by Freddie Mac and Fannie Mae to build, support and maintain their joint platform, the Uniform Collateral Data Portal (UCDP), which provides electronic appraisal data delivery to these government-sponsored enterprises (GSEs). Previous to that, Veros was selected in 2009 to be the technology provider for Fannie Maes Collateral Data Delivery system, which requires originating lenders to provide appraisal data prior to loan delivery on loans purchased by the GSE. Additionally, Veros was named the exclusive provider of valuation analytics for Standard & Poors Fixed Income Risk Management Services efforts to provide loan-level property valuation information.

The partnerships Veros has formed in the past 10 years, and those to be formed in the future, all strive to provide the long-term benefits that come from mutually beneficial enhancements to improve the mortgage industry. Our forward-looking focus is on providing the tools and insights that will bring much-needed stability back to the housing finance system, said Bozorgi.

Veros has hosted the Predictive Methods Conference and published The RiskWire for the past 10 years. Both are educational forums geared to increase dialogue on important issues surrounding predictive mortgage technology. Recognized by its peers, Veros was the recipient of Mortgage Technology Magazines 2010 Synergy Award for its efforts around UCDP. Additionally, Mortgage Banking Magazine named Bozorgi a 2011 Technology All-Star for his thought leadership and technological innovations.

Bozorgi sees steady growth through continued high-tech product advancements to meet the strategic needs of business partners and professionals. Analytics will always be a primary focus for us. We are working hard to continually enhance our products to meet the ever-changing demands of the industry, he said. To that note, the development of the next generation of collateral tools and platform services is also critical to the success of the industry, he said. Veros commitment to on-going development equates to faster, more accurate, more informed and more profitable business decisions.

In line with business demands, the company has seen a steady uptick in its workforce and continues to add highly qualified individuals from the sales, engineering, computer information systems, operations, marketing and human resources fields. The majority of Veros employees are staffed at its headquarters in Santa Ana with additional satellite offices throughout the country.

About Veros Real Estate Solutions

Veros Real Estate Solutions, a 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 additional information on Veros, visit http://www.veros.com or call (866) 458-3767.

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