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New Reconsideration of Value Requirements: What Lenders and Appraisers Need to Know

In a significant move to further enhance fairness and accuracy in home appraisals, Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA) recently introduced new Reconsideration of Value (ROV) requirements that will go into effect no later than September 2, 2024. These updates are aimed at addressing appraisal bias and serving as an extra safeguard to ensure that home...
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Class Valuation Launches Class Union, a Dedicated Division Catering to Credit Union Clients 

TROY, Mich., Dec. 7, 2023 – Class Valuation, a leading real estate appraisal management company, announced today the launch of Class Union, a specialized division committed to serving the unique needs of credit union clients. This strategic initiative comes on the heels of Class Valuation's 2023 acquisitions of Incenter Appraisal Management and TrUnion Appraisal Services — both companies renowned for...
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Class Valuation’s CIO on Solving the Appraisal Conundrum

Written by Sarah Wheeler Editor in Chief Sarah Wheeler sat down with Scot Rose, CIO at Class Valuation, to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. This interview has been edited for length and clarity. Sarah Wheeler: You’re the chief innovation officer at an appraisal firm, and the appraisal...

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Class Valuation Appoints Industry Veteran Andrew Bough as Chief Operating Officer

Troy, MI July 2, 2024 – Class Valuation, a leading provider of real estate valuation services and technology, today announced the appointment of Andrew Bough as its new Chief Operating Officer (COO). Bough, who most recently served as Executive Vice President at Valuation Connect, brings over 30 years of experience in the appraisal and valuation industry to his new role. ...
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Class Valuation’s Sally Carothers Earns 2024 HousingWire Women of Influence Award

HousingWire announced this week that Sally Carothers, executive vice president of Class Union, has earned a 2024 Women of Influence award. The Women of Influence awards recognize women in housing who, according to HousingWire, "represent the pinnacle of excellence and innovation." Below is a snippet of Carother's award article, highlighting a few of her many accomplishments. "As an industry leader,...
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Class Valuation Earns PROGRESS in Lending 2024 Innovations Award

PROGRESS in Lending announced this week that Class Valuation, the nation’s leading AMC, has been awarded a 2024 Innovations award.  The executive team of PROGRESS in Lending selected honorees based on overall industry significance, the originality of the innovation, the positive change the innovation made possible, the intangible efficiencies gained as a result of the innovation, and the hard cost...
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Class Valuation’s Molly Hoskins wins Mortgage Women Magazine’s 2024 Women Of Tech Award

Mortgage Women Magazine announced in its March magazine issue that Molly Hoskins, EVP of client experience at Class Valuation, has earned a 2024 Women of Tech award.   The Women of Tech awards honor the women of mortgage technology who are making an impact on the industry. Through these awards, the magazine promotes the achievements and stories of women working within...
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Class Valuation Earns HousingWire Tech100 Award

HousingWire announced today that Class Valuation has earned a 2024 Tech100 Award. HousingWire's Tech100 awards aim to recognize the most innovative technology companies in the housing economy. According to HousingWire, the Tech100 program provides housing professionals with a comprehensive list of the most innovative and impactful organizations in the industry. Class Valuation is no stranger to the award, having earned...
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Class Valuation Launches Class Union, a Dedicated Division Catering to Credit Union Clients 

TROY, Mich., Dec. 7, 2023 – Class Valuation, a leading real estate appraisal management company, announced today the launch of Class Union, a specialized division committed to serving the unique needs of credit union clients. This strategic initiative comes on the heels of Class Valuation's 2023 acquisitions of Incenter Appraisal Management and TrUnion Appraisal Services — both companies renowned for...

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