Latest news with #ClassValuation
Associated Press
4 days ago
- Business
- Associated Press
Class Valuation launches next-generation appraisal review solution designed to enhance compliance and reduce repurchase risk
TROY, Mich., June 18, 2025 (SEND2PRESS NEWSWIRE) — Class Valuation, a leading real estate appraisal management company (AMC), announced today the launch of Class Valuation Analysis (CVA), a next-generation appraisal review solution engineered to bring greater transparency, compliance and confidence to residential property valuations. CVA delivers a comprehensive review of original appraisal reports that complies with the Uniform Standards of Professional Appraisal Practice (USPAP). Each review is conducted by a licensed appraiser who analyzes the original report, leverages analyst-assisted automated valuation model (AVM) tools, and provides supplemental comparables or revised valuations as needed. As the largest valuation provider in the nation, Class Valuation is committed to delivering best-in-class, customized solutions that meet the evolving needs of its partners. CVA was developed to provide capital market and lender clients with a direct, trusted source for appraisal reviews, eliminating the need to rely on third-party vendors. 'In today's market, uncertainty is expensive, and lenders can't afford to second-guess their valuation data,' said John Fraas, CEO of Class Valuation. 'Class Valuation Analysis delivers what our partners need most—clarity, confidence and compliance—especially when making high-stakes trading decisions tied to mortgage servicing rights. By combining licensed expertise, AVM-backed analysis and actionable reporting, CVA helps our clients validate collateral quality and mitigate risk across the loan lifecycle.' Lenders can use CVA at multiple stages of the loan lifecycle, including forensic appraisal reviews, internal control audits, construction validation and even for GSE post-board evaluations. With rapid turnaround times, detailed compliance checks and supplemental comparables where needed, CVA ensures that each report not only holds up under scrutiny but actively strengthens decision-making processes. Each CVA review includes: CVA is Rating Agency Accepted, which meets the due diligence and appraisal review standards expected by leading credit rating agencies. This designation gives lenders confidence that each review aligns with the requirements of secondary market participants and institutional investors. CVA offers a streamlined alternative to a full review, delivering timely, USPAP-compliant reviews that help lenders manage risk and maintain loan quality. To learn more about CVA and how it can support the lending process, visit About Class Valuation: Class Valuation is a leading nationwide appraisal management company (AMC) renowned for its commitment to fast turn times, exceptional quality and unparalleled client service. The company leverages a powerful combination of skilled professionals, innovative products, streamlined processes and advanced technology to empower lenders in fulfilling homeownership dreams. Consistently recognized by top mortgage lenders for its outstanding performance, Class Valuation has also earned accolades as a top workplace and received numerous industry awards. Founded in 2009, Class Valuation is headquartered in Troy, Michigan. For more information please visit Tags: @ClassValuation #CVA #appraisal #valuation #lending #duediligence NEWS SOURCE: Class Valuation ### MEDIA ONLY CONTACT: (not for publication online or in print) Elizabeth Schroeder Depth for Class Valuation [email protected] 209-774-6555 ### Keywords: Real Estate, Class Valuation Analysis, real estate appraisal management company, forensic appraisal reviews, internal control audits, construction validation, TROY, Mich. This press release was issued on behalf of the news source (Class Valuation) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P127059 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
22-04-2025
- Business
- Associated Press
Class Valuation expands sales leadership with industry veterans Jim Bannister and Scott Shaw
TROY, Mich., April 22, 2025 (SEND2PRESS NEWSWIRE) — Class Valuation, a leading real estate appraisal management company (AMC), announced today the expansion of its national sales team with the appointments of Jim Bannister and Scott Shaw as senior sales executives. Together, they bring over 45 years of combined experience in mortgage lending, financial services and technology to the company's expanding leadership. Bannister is a seasoned mortgage lending sales executive with over 20 years of experience helping lenders and servicers achieve their strategic goals. Renowned for his consultative sales approach and extensive product expertise, Bannister has received industry recognition for providing customized mortgage solutions and consistently surpassing sales targets at Cotality (formerly CoreLogic Inc.), First American Financial Corp. (NYSE: FAF), Black Knight Financial Services and Intercontinental Exchange, Inc. (NYSE: ICE). His client-first mentality and strong industry relationships will foster ongoing growth and service excellence at Class Valuation. 'There's a clear shift occurring in the valuation space—and Class is at the forefront,' Bannister said. 'I've witnessed firsthand how lenders react to their innovative technology and exceptional service. This is the type of momentum you want to join when you're committed to delivering real impact.' Shaw joins Class Valuation with more than 25 years of experience in financial technology and mortgage lending. He has held senior sales roles at Intel (NASDAQ: INTC), Cotality, First American Financial Corp., Black Knight Financial Services and ICE, showcasing a proven record of leading high-growth initiatives including doubling revenue at Clear Capital and generating over $12 million in new revenue at ICE. He is widely recognized as a trusted advisor to top industry executives and has established a strong reputation for product knowledge, leadership and team mentorship. 'Class isn't just evolving, it's redefining what modern valuation looks like,' said Shaw. 'This team is thinking bigger, moving faster and tackling problems that others haven't even attempted. It's a unique opportunity to help shape a market alongside people who truly understand where the industry is headed.' 'The addition of Jim and Scott marks an exciting milestone as we continue to invest in top-tier talent that supports our clients' success,' said John Fraas, CEO of Class Valuation. 'Their leadership and deep industry connections will strengthen our ability to deliver unmatched value through innovation, service and strategic partnerships.' Class Valuation's expanding team embodies the company's mission to modernize the appraisal process with innovative data, AI and automation while still delivering the hands-on service that lenders depend on. About Class Valuation Class Valuation is a leading nationwide appraisal management company (AMC) renowned for its commitment to fast turn times, exceptional quality and unparalleled client service. The company leverages a powerful combination of skilled professionals, innovative products, streamlined processes and advanced technology to empower lenders in fulfilling homeownership dreams. Consistently recognized by top mortgage lenders for its outstanding performance, Class Valuation has also earned accolades as a top workplace and received numerous industry awards. Founded in 2009, Class Valuation is headquartered in Troy, Michigan. For more information please visit Tags: @ClassValuation #appraisal #valuation #lending #peoplemovers NEWS SOURCE: Class Valuation ### MEDIA ONLY CONTACT: (not for publication online or in print) Elizabeth Schroeder Depth for Class Valuation [email protected] 209-774-6555 ### Keywords: Mortgage, Class Valuation, real estate appraisal management company, mortgage lending sales executive, TROY, Mich. This press release was issued on behalf of the news source (Class Valuation) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125655 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
08-04-2025
- Business
- Associated Press
Class Valuation expands private lending capabilities with acquisition of Appraisal Nation
Class Valuation, a leading national real estate appraisal management company (AMC), today announced the strategic acquisition of Appraisal Nation, a Cary, North Carolina-based AMC specializing in comprehensive valuation solutions for the private lending market. This acquisition significantly expands Class Valuation's footprint in the rapidly growing private lending sector, enhancing its service offerings and market reach. By integrating Appraisal Nation's expertise, Class Valuation reinforces its commitment to delivering exceptional customer service and best-in-class appraisal experiences. 'Welcoming Appraisal Nation to the Class Valuation family is a key step in our strategy to modernize the appraisal process and strengthen our position in important market segments,' said John Fraas, CEO of Class Valuation. 'By combining Appraisal Nation's specialized expertise with our own technology and resources, we are better poised to deliver exceptional value for private lenders.' Appraisal Nation's team will continue to focus on specialty lending products while seamlessly integrating into the Class Valuation family. Appraisal Nation's customers will gain immediate access to Class Valuation's industry-leading technology and extensive network of highly qualified valuation analysts. To capitalize on this synergy, Class Valuation is launching a dedicated Private Lending segment with Appraisal Nation founder Michael Tedesco at the helm. Tedesco's deep industry knowledge, experience and meaningful long-term relationships in private lending will drive the growth and success of this new segment. Said Tedesco, 'Doing what's best for our clients has always been a cornerstone of our mission, and joining Class Valuation is a natural step forward in expanding our ability to elevate service standards across the appraisal industry. As technology evolves and private markets become more institutionalized, service providers must do more than simply support their clients. They must help them adapt. With Class Valuation's resources and technology, our clients will have the advantages they need to excel in a rapidly changing market.' About Class Valuation Class Valuation is a leading nationwide Appraisal Management Company (AMC) renowned for its commitment to fast turn times, exceptional quality and unparalleled client service. The company leverages a powerful combination of skilled professionals, innovative products, streamlined processes and advanced technology to empower lenders in fulfilling homeownership dreams. Consistently recognized by top mortgage lenders for its outstanding performance, Class Valuation has also earned accolades as a top workplace and received numerous industry awards. Founded in 2009, Class Valuation is headquartered in Troy, Michigan. For more information, please visit ### MEDIA ONLY CONTACT: (not for publication online or in print) Leslie W. Colley Depth for Class Valuation [email protected] (678) 622-6229 ### Keywords: Mergers and Acquisitions, Class Valuation, real estate appraisal management company, CEO John Fraas, TROY, Mich. This press release was issued on behalf of the news source (Class Valuation) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125385 APNF0325A
