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New Desktop Appraisal Rules: Today’s Pains and Tomorrow’s Gains

This piece originally appeared in the August 2022 edition of MReport magazine, online now. The COVID-19 pandemic resulted in unprecedented changes in the way industries conduct business. Like everyone else, the mortgage industry adapted to lockdowns by adjusting day-to-day operations. Mandates, social distancing recommendations, and health concerns led Fannie Mae and Freddie Mac—the government-sponsored enterprises (GSEs)—to relax property appraisal guidelines, allowing appraisers to...
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Class Valuation Announces “Leaders in Lending” Webinar Series

Troy, Mich., July 25, 2022 – Class Valuation, a leading national Appraisal Management Company, announced a new quarterly webinar series, “Leaders in Lending” which kicked off earlier this month.   While “Leaders in Lending” will generally feature one webinar each quarter, the series is being kicked-off with two back-to-back webinars featuring thought leaders from the GSEs. The first webinar in...
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Class Valuation Completes Freddie Mac Verification Process for ACE+ PDR Data Collection Criteria

TROY, MICH – July 18, 2022 – Class Valuation, a leading tech-enabled appraisal management company, announces today that they’ve successfully completed the verification process for Freddie Mac’s new ACE+ PDR (automated collateral valuation plus property data report) solution. Class will complete these data collection orders through Property Fingerprint, Class Valuation’s 3D Scanning technology, which has produced tens of thousands of...

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Featured
Media coverage
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New Desktop Appraisal Rules: Today’s Pains and Tomorrow’s Gains

This piece originally appeared in the August 2022 edition of MReport magazine, online now. The COVID-19 pandemic resulted in unprecedented changes in the way industries conduct business. Like everyone else, the mortgage industry adapted to lockdowns by adjusting day-to-day operations. Mandates, social distancing recommendations, and health concerns led Fannie Mae and Freddie Mac—the government-sponsored enterprises (GSEs)—to relax property appraisal guidelines, allowing appraisers to...
Featured
Media coverage
Press releases

Class Valuation Announces “Leaders in Lending” Webinar Series

Troy, Mich., July 25, 2022 – Class Valuation, a leading national Appraisal Management Company, announced a new quarterly webinar series, “Leaders in Lending” which kicked off earlier this month.   While “Leaders in Lending” will generally feature one webinar each quarter, the series is being kicked-off with two back-to-back webinars featuring thought leaders from the GSEs. The first webinar in...
Featured
Press releases

Class Valuation Completes Freddie Mac Verification Process for ACE+ PDR Data Collection Criteria

TROY, MICH – July 18, 2022 – Class Valuation, a leading tech-enabled appraisal management company, announces today that they’ve successfully completed the verification process for Freddie Mac’s new ACE+ PDR (automated collateral valuation plus property data report) solution. Class will complete these data collection orders through Property Fingerprint, Class Valuation’s 3D Scanning technology, which has produced tens of thousands of...
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Top Questions Appraisers Have About the New Desktop Appraisal Rules

by John Dingeman, Chief Appraiser In early 2022, a permanent change was made to the Selling Guide when both Fannie Mae and Freddie Mac announced desktop appraisals are coming soon and that floor plans are required. The new guidelines took effect in March of this year. While this change is considered by many to be a positive move for the...
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Class Valuation announces Cristy Conolly as EVP of Valuation Modernization

Troy, Mich., May 17, 2022 – Class Valuation, a leading national Appraisal Management Company, announced today that Cristy Conolly has been appointed to the position of Executive Vice President of Valuation Modernization. Conolly will be focused on a key part of valuation modernization—the responsible standardization of appraisal data. Her efforts will help Class Valuation play a role in removing bias...
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Class Valuation Announces Acquisition of Metro-West

TROY, MICH – January 27, 2022 – Class Valuation announced today another key acquisition in Metro-West and subsidiary, Valuation Link. Metro-West is the largest independent residential appraisal firm in the nation, with staff appraisers located in over 80 major metro markets in the US. Metro-West’s partner company, Valuation Link, also touts nationwide coverage through management of a traditional 1099 appraiser...

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