article thumbnail

Class Valuation acquires AMC Valuation Connect

Housing Wire

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. Class Valuation has been on an acquisition spree. Terms of the deal were not disclosed. “We

Valuation 372
article thumbnail

Xactus Names Danielle Walker SVP, Business Development

Appraisal Buzz

Danielle Walker has been promoted to senior vice president, business development, at Xactus. Previously she served as vice president, product development. Walker has almost 20 years of mortgage industry experience helping lenders mitigate risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Candescent Capital Ventures Taps Adam Johnston as SVP, Chief Program Management and Valuation Officer

Appraisal Buzz

Adam Johnston has joined Candescent Capital Ventures , a private equity firm specializing in investments in the PropTech space, as senior vice president, chief program management and valuation officer. Over the past 20 years, he has served in key leadership roles in mortgage banking, private mortgage insurance, and appraisal management.

Valuation 195
article thumbnail

HUD, GSEs to Allow Consumers to Seek Reconsideration of Appraisal Valuations

Appraisal Buzz

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.

article thumbnail

Class Valuation acquires another AMC

Housing Wire

Appraisal management company Class Valuation , a subsidiary of investment firm Gridiron Capital , acquired Kansas City, Missouri-based Pendo Management for an undisclosed sum. John Fraas, CEO of Class Valuation, said that combining the two firms “tech-enabled workflows and complementary areas of expertise” would help the consumer. “We

Valuation 355
article thumbnail

Tomo raises $40M Series A, hits $640M valuation

Housing Wire

Tomo , a fintech startup focused on the purchase mortgage sector, announced raising a $40 million Series A led by SVB Capital , according to a press release shared with FinLedger. The fundraise more than doubles Tomo’s valuation to $640 million. million seed round for its Canadian real estate valuation platform.

Valuation 352
article thumbnail

Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

In a couple of words, it’s collaborative valuation; in a description it’s bringing together a team of professionals to tackle each appraisal report in concert. What is Collaborative Valuation? My solution was to hire and train a few folks that could help me develop and support my workflow and processes.