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Veros Offers Quarterly Risk Forecasts.(Brief article)
Santa Ana, CA -- Enterprise risk management and collateral valuation services provider Veros Real Estate Solutions here released another quarterly residential real estate price forecast set of data.
Veros senior vice president Dave Rasmussen said servicers are the primary beneficiaries of econometrically based real estate market forecasts. "The factor that truly establishes the pricing of real estate in any given market is supply and demand, and that factor is not solely affected by what has happened in the past real estate market cycles," he said. "Value and benefit should be the guiding principals in deciding upon a predictive method for servicing and VeroFORECAST for servicers and the default management process means a better bottom line."
Veros said the forecasted subject value allows servicers to view expected price changes for up to 18 months into the future. The low-cost tool can be used by servicers either as a transactional application or through a quarterly data subscription that is flexible enough to ...
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Source: HighBeam Research, Veros Offers Quarterly Risk Forecasts.(Brief article)