VA Taps Veros for Appraisal Management Services

Veros Real Estate Solutions has received an Appraisal Management Services contract from the U.S. Department of Veterans Affairs (VA).

 

According to the Santa Ana, Calif.-based company, the contract will enable Veros to provide appraisal solutions as part of VA Home Loan Guaranty program. Veros added that it will also work with VA to enhance collateral data collection, risk review analytics, and reduce the overall risk associated with VA loans.

 

"We look forward to benefiting from the experience Veros has amassed in working with the GSEs and FHA," said Jeffrey London, executive director of VA's Loan Guaranty Service.

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