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Class Valuation acquires AMC Valuation Connect

Housing Wire

“We share a core value in that we are not afraid to roll up our sleeves to help our clients win. According to Class, the two companies align on important issues, including culture, service, efficiency and technology development. Combining forces is going to be a win-win for all stakeholders.”

Valuation 367
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Polly appoints former exec at ICE Mortgage Technology as COO

Housing Wire

Coggiola’s efforts were focused on developing Ellie Mae to become a software-as-a-service (SaaS) provider from an on-premise solution, rounding out his time there as SVP of product management. Polly’s “client-centricity” attracted him to the business, he noted. before it was acquired by ICE in 2020.

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PennyMac pays $158M to Black Knight in servicing platform dispute

Housing Wire

The dispute between the companies started in 2019 when Black Knight accused PennyMac of copying its mortgage servicing platform, MSP, to create its Servicing Systems Environment (SSE) technology. Since we launched the system in 2019, it has performed extremely well, meaningfully enhancing capabilities while helping to drive down costs.

Legal 347
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Polly appoints Cheryl Messner as chief customer officer

Housing Wire

Additionally, Messner will act as a liaison between clients, product development, and technical teams to provide valuable customer insights for the development of impactful features and new functionality. Prior to that, Messner held senior and executive-level roles in client services.

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Elevated borrowing costs remain the top worry for homebuilders

Housing Wire

Last year was largely a good one for the nation’s homebuilders, which were able to offer rate buydowns to attract more clients while maintaining double-digit profit margins. Department of Housing and Urban Development. In 2011, only 13% of homebuilders worried about the cost of labor, versus 87% in 2019.

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Maggie Wu’s top performing team makes the jump back to Compass

Housing Wire

With the move, Wu returns to where she began her career as junior partner on the Jing Chen Team in 2019. “We have an unwavering commitment to our clients to provide the utmost client service experience,” said Wu. In December 2021, she had left Compass to join the young brokerage SERHANT.

Brokerage 295
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BlackFin Group names Christopher Call to lead professional services team

Housing Wire

“I am eager to serve our clients by delivering on their critical business needs,” Call said. “We I’m excited to now know that our clients will be in great hands with a seasoned professional who is committed to their success,” Keith Kemph , CEO of BlackFin, said.