The key to implementing non-QM products

With the refi boom falling off and the margin compression happening to lenders nationwide, lenders are looking at non-QM to help fill in those gaps. Learn how to implement non-QM products here!

RealTrends 2021 Team Profitability Study

Brokerage firms have often speculated about how well teams perform from a profit and loss point of view, as well as how productive they are. In this research study, RealTrends answers these two big questions.

Proven Strategies for Accelerating eMortgage Adoption with Freddie Mac and Better

This webinar will cover how the industry is working to overcome challenges lenders experience in adopting eClosings. You’ll hear from industry leaders at Snapdocs, Freddie Mac and Better Mortgage. Register now!

Logan Mohtashami on existing home sales, mortgage rates

Today’s HousingWire Daily begins the Rundown miniseries where HousingWire’s Editor-in-Chief Sarah Wheeler and Lead Analyst Logan Mohtashami will talking about housing and economics every Monday.

Awards

2019 HW Vanguard: Darius Bozorgi

Veros Real Estate Solutions President and CEO

Over the last 12 months, Darius Bozorgi finalized a deal with the U.S. Department of Veterans Affairs to award its Appraisal Management Services contract to Veros. Through the contract, Veros will now provide appraisal solutions as part of VA Home Loan Guaranty program.

The company will “work to improve the veteran’s home buying experience by focusing on efficiencies related to the appraisal scheduling, tracking and completion process.”

Beyond that, Veros states that it will work with VA to, “enhance collateral data collection, risk review analytics, and reducing the overall risk associated with VA loans.”

Bozorgi was personally involved in the deal, every step of the way and looks forward to the opportunity to work with the VA and help service members and veterans buy homes.

In addition to the VA contract, Bozorgi also helped Fannie Mae, Freddie Mac, HUD/FHA and now VA introduce mission-critical systems that allow these institutions to better identify and act upon those loans requiring special attention while streamlining the approval of those that meet industry-standard requirements.

This year, Bozorgi spearheaded the addition of Veros disaster data to the company’s expansive data offering. One of his primary goals in adding this data set was to provide lenders and servicers with near-real-time post-disaster insight to enhance borrower relations by proactively identifying at-risk loans at the property-specific level (as opposed to county-level only) and rapidly initiating contact with the borrower.

The data will also perform other actions such as eliminating  unnecessary property inspections – a substantial cost savings.

What has been your secret to success?

“Three things: Surround yourself with talented people – the best leaders know what they don’t do well, finding those who do is very important. Be honest. Do what you say you’re going to do.”

3d rendering of a row of luxury townhouses along a street

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