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DS News November 2022

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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39 Follow Us At: @DSNewsDaily Industry Updates NEW DATAVERIFY OFFERING ANALYZES DISASTER IMPACT DataVerify, a provider of data verification, risk mitigation, and workflow automation ser- vices, has announced an association with Veros Real Estate Solutions. As part of this relation- ship, an insightful tool for lenders called Disas- terVision has been launched, providing lenders with contextual insight regarding potentially impacted properties in the lender's portfolio that lie within a natural disaster area. "is association speaks to who we are as a com- pany," DataVerify President Brad Bogel said. "We are continually looking for ways to offer lenders more protection and helpful data without reducing effi- ciency. We believe that working with Veros allows us to offer lenders another tool to help strengthen their portfolios without sacrificing workflow automation." Veros leverages, among other sources, satellite imagery, federal/state agency reports, and data from FEMA and NOAA to provide lend- ers with current information as data is continu- ally updated throughout the disaster event. Veros also partners with reliable, experienced property condition/inspection providers, offers nation- wide coverage, and ensures eyes on a property following a disaster. e DisasterVision results are provided at the property level, offering more granularity and accuracy to lenders than the less precise county level data provided by FEMA. "We are excited to work with DataVerify and their customers," said Sarah Acosta, VP of Product & Data Operations. "DisasterVision is the key solution to gaining post-natural disaster property risk intelligence that helps to simplify and expedite the process for DataVerify custom- ers, providing more convenience and consistency with fewer handoff delays. In situations with Hurricane Ian, for instance, it is important to know right away which properties are potentially impacted to get aid to those homeowners first." rough DisasterVision, lenders gain the ability to acquire property-specific data, portfolio analysis, and valuation. Veros can also work closely with lenders when a known natural disaster is about to occur, such as a hurricane that has yet to make landfall, and provide continuous and near real-time updates. DataVerify is proud to offer an innovative new way for lenders to re- main informed and prepared in uncertain times. MSI'S REAL-TIME WEATHER ALERTS MSI, an Insight One Company, has announced that it is offering disaster alerting technology that reports real-time, property specific impacts. Powered by Earthvisionz, MSI geotags each asset and uses interactive maps to track elevation relative to local storm surge, local rainfall levels, wind speeds, and damage severity and certainty, among many other data points. "As a courtesy to the communities we serve, we are making this weather intelligent technology available to anybody that needs it," said Baker Breedlove, President and CEO of MSI. "is technology allows us to visualize impacts and make triage decisions with incredible accuracy. In turn, we respond more quickly and with greater accuracy to events such as this, which mitigates damages, costs, and risk." MSI is part of the Insight One Family of Companies that provides end-to-end solutions that include field services, renovations, hazard claim recovery, loss recovery, and real estate auctions. Earthvisionz mapping technology delivers real-time information before, during, and after any severe weather event, helping with repairs and recovery. "This technology allows us to visualize impacts and make triage decisions with incredible accuracy. In turn, we respond more quickly and with greater accuracy to events such as this, which mitigates damages, costs, and risk." —Baker Breedlove, President and CEO, MSI

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