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Sapphire
SINCE 2001, VEROS Real Estate Solutions has strived to bring the best in predictive technology innovations to the mortgage industry. Veros has maintained a focused approach to providing products and services that truly address the business needs of the housing sector.
In this spirit of innovation, in 2011 Veros introduced Sapphire, a premiere Web-based ordering and review platform for fully automated property valuation risk management. Sapphire is a significant product launch for the mortgage industry because it specifically addresses key issues that lenders in today’s marketplace struggle with, including the need for smart automation, scalability, and quality control within the context of investor and regulatory compliance.
Through this technology, Veros has revolutionized the way that mortgage industry professionals do business. Sapphire was designed with scalable functionality to seamlessly evolve in conjunction with shifting business demands. The platform provides the necessary tools to help streamline business operations from origination to servicing and the capital markets, providing organizations the ability to efficiently modify processes and stay compliant with industry regulations.
With Sapphire, Veros provides an opportunity for mortgage industry professionals to take control of their risk and property valuation management operations to improve transparency, data integrity and overall business operations. Adding to the system’s impressive combination of modularity and full-scale customer support, the platform also provides a best-in-class user experience with user-friendly menus that literally guide professionals through the valuation management platform’s modules, as well as their accompanying components. The platform also has the ability to work effortlessly with data vendors, while providing a logical and intuitive process for integrating internal and external business processes.
The most intuitive valuation management tool in the marketplace, the Sapphire platform incorporates structured flexibility, an element that addresses the fact that no two lenders are exactly alike. In practice, this flexibility gives lenders the ability to incorporate additional modules to support specific needs. These modules can include management of an individual appraiser panel, administration and optimization of multiple valuation vendors, or cover the gamut of needs to ensure compliancy with UAD and UCDP requirements.
Veros has an extensive background creating state-of-the-art technology and understands the critical nature of protecting highly sensitive and mission critical data from every possible threat. With updated and strong audit results from SAS-70 Type II and FISMA NIST 800-53 certifications, the company operates at the forefront of established and emerging industry information in addition to security best practices. Veros is dedicated to preserving the integrity, confidentiality and availability of the data it manages on behalf of its clients.
Excited to be a part of the positive change that will help to establish a stronger foundation for the housing finance system, Veros is focused on providing the right technology to help mortgage professionals stay on top of industry changes and make smarter business decisions. With a tradition of more than 10 years of technological innovation, Veros continues to lead the way in the mortgage industry through its thought-leadership and proven technology-driven products and services.