The Lawyer, the Scientists and the Quest for the Grail

Convergence is the name of the game for successful businesses. Thoughts, ideas, concepts and plans converge at some point in time and space where positive outcomes are the result. Successful convergence often dislikes uniformity in the source components. When Santa Ana, CA-based Veros Real Estate Solutions came on the scene in 2001, it represented a convergence of spectacularly divergent business cultures, and the tale is revealing for its improbabilities. Veros is a leader in predictive analytics, sophisticated automated valuation models, valuation management software, and numerous other valuation and risk assessment tools. The firm also is the technology provider for the government-sponsored enterprises Uniform Collateral Data Portal, through which all appraisals flow on loans sold to Freddie Mac and Fannie Mae. This technology has been hailed as one of the most important developments in the history of the mortgage industry, and that's no exaggeration.