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Class Valuation acquires Maine-based AMC PropertyVal

Housing Wire

Class Valuation , one of the largest appraisal management companies in the U.S., To partner with an industry leader like Class Valuation will benefit both our lending and appraisal partners,” Robert Strong, CEO of PropertyVal, said in a statement. It’s at least the third acquisition Class Valuation has made this year alone.

Valuation 365
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MSR market is partying like it’s 2006

Housing Wire

The mortgage servicing rights market took off like a rocket in January and it has continued to accelerate into the stratosphere in February, according to industry experts who follow the MSR market closely. Morgan Chase ; and Mount Laurel New Jersey-based Freedom Mortgage. billion and 5%; and Freedom Mortgage, $365.4

Marketing 346
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StreetEasy launches New York City home valuation tool

Housing Wire

StreetEasy , a real estate platform for buying, selling, and renting homes across New York City and New Jersey, has launched StreetEasy Valuation, an AI-powered home valuation tool. The National Association of Mortgage Brokers has been advocating for mortgage brokers for almost 50 years. Presented by: NAMB.

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Guild acquires small retail lender Legacy Mortgage

Housing Wire

Acquisitive lender Guild Mortgage on Tuesday announced the acquisition of Legacy Mortgage , increasing its footprint in the Southwest. Legacy, headquartered in Albuquerque, New Mexico, was founded in 2002 and purchased by its CEO Jack Thompson in 2006. Guild acquired Inlanta Mortgage , expanding its presence in the Midwest.

Retail 381
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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

Fannie Mae’s program, which began earlier this year, is part of its ongoing efforts to modernize the valuation component of the mortgage industry. In October , Xactus ’s valuation solution, Appraisal Firewall X, also met federal requirements to fulfill Fannie Mae property data collection orders.

Valuation 287
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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

Business 332
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Stewart adds Arizona’s Thomas Title & Escrow

Housing Wire

Thomas Title & Escrow, a full-service commercial title company, was founded in 2006. Stewart recently acquired Cloudvirga , a leading fintech company that powers digital mortgages through its retail and wholesale point-of-sale systems. Ten of country’s top 40 mortgage lenders use Cloudvirga.

Retail 260