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©2020 by Veptas Technology Solutions, Inc.

 
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WHAT WE FACILITATE

Valuations, Inspections, AVM's, QA

Suburban House

INSPECTIONS AND AVM'S

Interior and exterior property condition reports and Automated Valuation Models... when a full appraisal isn't necessary.

Australian City View

VALUATIONS

Full residential real estate appraisals for use in the lending space as well as hard money, capital markets and anywhere our users need to understand value.

Signing a Contract

QUALITY ASSURANCE

Our VQA and VQA+ tools are perfectly matched for any review process to streamline the quality and efficacy of the final valuation estimate on any real estate appraisal.

 

EFFICIENT RESIDENTIAL COLLATERAL VALUATION TOOLS

Machine Learning and Automated Process Management to streamline appraisal ordering and fulfillment into a highly efficient and cost effective endeavor.

THE PROCESS

Server Installation
Woman Working at Home
Document with Pen

No more post TRID disclosure surprises. Our proprietary algorithm interrogates the subject property against public record data as well as an AVM and MLS records to test value and market liquidity.

Complexity Fee Score

Using Machine Learning the platform matches the appraisal with an appraiser who is geographically competent, has a high quality report card and works within the subject properties value band ensuring reduced turn times and high quality appraisals.

Assignment Logic

Testing the appraisal against UAD, proprietary rules and taking a holistic review of the subject against AVM FSD testing, scrubbing public record discrepancies and reliability scoring our platform technology delivers appraisals in less time with significantly reduced revision requests.

Quality Assurance

Working in conjunction with our PCI-compliant credit card processor to collect appraisal fees from the borrower, payments are collected immediately upon ordering and disbursed to the appraiser within two weeks following the completion of the appraisal.

Payments

 

WHO WE ARE

 

Lester Firstenberger

Chief Executive Officer

Lester is recognized nationally as a regulatory attorney and expert in consumer finance, securitization, mortgage, and banking law.  In a variety of capacities, over the past 30 years as an attorney, Mr. Firstenberger has represented the interests of numerous financial institutions in transactions valued in excess of one trillion dollars.  He was appointed to and served a three-year term as a member of the Consumer Advisory Council of the Board of Governors of the Federal Reserve System.  He has extensive governmental relations experience in the US and Canada at both the federal and state and provincial levels.

CONTACT

5 Great Valley Parkway, Suite 210
Malvern, PA 19355

567.309.0772

The Contract