The Santa Ana, California-based Veros Real Estate Solutions residential collateral valuation management platform, Sapphire, will now provide lenders with a direct connection to the Federal Housing Administration Electronic Appraisal Delivery portal.
Veros offers an appraisal-order interface providing direct connections to both FHA’s EAD portal as well as to the GSEs’ Uniform Collateral Data Portal, enabling lenders to submit appraisals to either portal through a single system.
“The Sapphire platform allows users to transition seamlessly through the appraisal order, management and quality control processes while combining flexible reporting and vendor management tools,” said David Rasmussen, senior vice president of operations for Veros.
“This is a system designed to connect lenders to all their valuation providers and portals in an automated, while still highly controlled, manner,” he added.
