Items Tagged with 'appraisal management companies'

ARTICLES

  • CoreLogic shifts focus to appraisals, moves away from loan origination software

    Moves to accelerate appraisal management company “transformation”
    In the last few years, CoreLogic has significantly grown its valuations business through a series of acquisitions, including a la mode, Mercury Network, LandSafe Appraisal Services, FNC, and RELS. And now, the company is sharpening its focus on appraisals and moving away from other “non-core” parts of the company.
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  • Appraisal experts: Here’s how you can best prepare your borrower

    Set expectations, and if they must appeal, bring solid comps
    Borrowers often have considerable expectations when it comes to their home’s estimated value, and navigating these can be tough for both the loan officer and the appraiser. Experts from two appraisal management companies recently discussed how to best prepare a borrower for an appraisal the National Reverse Mortgage Lenders Association conference in San Diego, and here’s what they said.
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  • Pro Teck Valuation Services acquires Direct Valuation Services

    Pro Teck to leverage synergies with DVS to expand offerings and client base
    The trend of consolidation among appraisal management companies is about to continue, as Pro Teck Valuation Services announced this week that it bought cloud-based valuation fulfillment platform and appraisal management company Direct Valuation Solutions.
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  • Class Appraisal names Scot Rose chief innovation officer

    Former president of Valuation Connect joins AMC
    Fresh off being acquired by Narrow Gauge Capital, appraisal management company Class Appraisal announced Monday that it named Scot Rose as the company’s new chief innovation officer. At Class, Rose will be focused on the advancement of appraisal, valuation product and platform innovation as well as leading the firm’s strategic vision in those areas.
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  • Monday Morning Cup of Coffee: Countrywide, LandSafe accused of fraudulent appraisals during housing boom

    Plus, Mueller says Manafort committed mortgage malfeasance
    In today's Monday Morning Cup of Coffee: A federal judge recently granted class-action status to a lawsuit alleging that Countrywide Financial used LandSafe to conduct “sham” appraisals to increase the number of loans Countrywide originated during the mid-2000s. Plus, former Trump campaign manager Paul Manafort was accused of some mortgage misconduct. Click the headline for more.
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  • Consolidated Analytics buys PCA Appraisal Management

    Merger of appraisal management companies
    In a deal between two appraisal management companies, Consolidated Analytics, an appraisal management company and mortgage advisory firm, announced this week that it acquired PCA Appraisal Management, which provides real estate appraisal services. Here are the details.
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  • CoreLogic finalizes acquisition of Mercury Network

    Acquired 45% of company earlier this year
    CoreLogic’s acquisition of Mercury Network is now complete. When CoreLogic announced the Mercury Network deal back in June, the company said that it already acquired a 45% passive minority stake in Mercury Network and planned to purchase the remaining 55% later this year. As it turns out, “later this year” turned out to be August 10th.
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