{"id":8645,"date":"2026-05-20T14:00:00","date_gmt":"2026-05-20T12:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=6fb4f822cd4502d8e5f6a9ac4d44edd3"},"modified":"2026-05-20T14:00:00","modified_gmt":"2026-05-20T12:00:00","slug":"veros-among-initial-industry-leaders-to-implement-the-mismo-common-confidence-score","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=8645","title":{"rendered":"Veros Among Initial Industry Leaders to Implement the MISMO\u00ae Common Confidence Score"},"content":{"rendered":"

SANTA ANA, Calif. MISMO\u00ae Common Confidence Score (CCS)--(BUSINESS WIRE)--#MISMOcommonconfidencescore<\/a>--Veros Real Estate Solutions<\/a> (Veros<\/a>\u00ae), an industry leader in enterprise risk management and collateral valuation services, is proud to announce its role as a key collaborator in the development of the MISMO\u00ae Common Confidence Score (CCS)<\/a>. As one of the first companies to implement the score into its automated valuation model (AVM), VeroVALUE<\/a>\u00ae, Veros is helping usher in a new era of transparency and standardization for the mortgage industry.<\/p><\/a><\/a>

\nThe MISMO CCS recently reached \u201cRecommendation\u201d status, the final step in the standards lifecycle. Developed through a partnership of industry leaders, the CCS establishes a single, standardized approach to communicating AVM accuracy, enabling clearer risk interpretation and better decision-making across the wider housing finance landscape.<\/p>

\nAdvancing Past Complex Metrics<\/b><\/p>

\nThe CCS represents a practical evolution in confidence scoring, designed to replace the Forecast Standard Deviation (FSD). While FSD has been a long-standing technical metric, its complexity often made it difficult for stakeholders to interpret. The CCS simplifies this by providing a score that correlates to P10, the percentage of valuations that fall within +\/-10% of a property's market value.<\/p>

\n\u201cFor decades, the industry has sought a standardized AVM confidence score, and Veros is proud to have collaborated with industry leaders to bring the MISMO Common Confidence Score to life,\u201d said Eric Fox, Chief Economist & Senior Vice President of Analytics at Veros. \u201cBy establishing a unified, easy-to-understand metric, we enable transparent, property-by-property comparisons across different AVMs.\u201d<\/p>

\nA Commitment to Accuracy and Validation<\/b><\/p>

\nVeros leadership emphasizes that while the standardization of the score is a milestone, the reliability of the output remains paramount.<\/p>

\n\u201cThe CCS is the latest and most practical effort to move the industry toward a standard that everyone can understand,\u201d said Darius Bozorgi, CEO and President of Veros. \u201cVeros was among the first providers to push confidence scoring into measurable statistical meaning years ago, and today we are helping lead the push for easy-to-understand standardized performance measures. However, it is vital that stakeholders continue to test and validate that a vendor\u2019s CCS output consistently meets the MISMO definition before it is relied upon in production.\u201d<\/p>

\nDavid Rasmussen, COO of Veros, added: \u201cThe value of a common metric lies in its reliability. If an AVM\u2019s CCS is intended to measure a specific P10, users must verify that the model performs to that standard. Our goal is to provide a tool that is not only easy to interpret but is also rigorously validated.\u201d<\/p>

\nDual Support for Industry and Proprietary Standards<\/b><\/p>

\nThe CCS is now available within the VeroVALUE AVM<\/a> report in addition to the existing VeroVALUE Confidence Score (VCS)<\/a>. While the CCS provides a vendor-agnostic benchmark for the broader market, the VCS continues to offer deep, model-specific insights optimized for the VeroVALUE engine. This dual-score approach ensures that Veros clients have the flexibility to benchmark against the industry while maintaining their established internal risk cascades.<\/p>

\nAbout Veros Real Estate Solutions<\/b><\/p>

\nSince 2001, Veros has been a trusted innovator in mortgage technology, specializing in enterprise risk management and collateral valuation. By combining predictive analytics, advanced data science, and deep industry expertise, Veros delivers automated solutions that help reduce risk and improve profitability across the mortgage lifecycle. Veros is the primary technology provider for the GSEs\u2019 Uniform Collateral Data Portal\u00ae (UCDP\u00ae) and the FHA\u2019s Electronic Appraisal Delivery (EAD) portal. For more information, visit veros.com<\/a>.<\/p> Contacts<\/b>

\nMedia Contact:<\/b>Heather Zeller\nSVP of Marketing, Veros\ncommunications@veros.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

SANTA ANA, Calif. MISMO\u00ae Common Confidence Score (CCS)–(BUSINESS WIRE)–#MISMOcommonconfidencescore–Veros Real Estate Solutions (Veros\u00ae), an industry leader in enterprise risk management and collateral valuation services, is proud to announce its rol…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8645","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8645"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8645\/revisions"}],"predecessor-version":[{"id":8646,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8645\/revisions\/8646"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}