Veros Acquires Leading Home Appraisal Provider Valligent to Offer A Full Spectrum of Property Valuation Solutions to Mortgage Markets

Acquisitions

▤ Summary

By combining forces with Veros Real Estate Solutions, a full spectrum of automated and analyst-driven collateral valuation products is now available to meet the needs of the entire housing finance industry. Combined with Veros’ analytics, risk tools and market position, we are together positioned to transform the approach to residential property collateral risk with an entirely new perspective.” Current mortgage market conditions require the lending community to seek analytically based and supported valuation offerings, which can either be a viable alternative to or complement existing product offerings. The combination of Veros Real Estate Solutions and Valligent allows each company to more effectively compete in today’s environment and positions themselves to adapt and innovate in the fast-evolving collateral valuation space. Valligent provides award-winning valuation technology expertise and services to hundreds of banks, credit unions, mortgage lenders and insurance companies nationally. We automate and streamline the valuation process by leveraging analytic tools, algorithms, machine learning, public records, MLS data, and real-time field information.

▥ Classifications

industries
No industries detected
applications
Governance, risk and compliance

◇ AskAI Classifications

Labels
Real Estate Software Property Valuation Software Risk Management Software

▦ Linked Companies