Items Tagged with 'AMC'

ARTICLES

  • Class Valuation snatches up another AMC

    Acquires Texas-based appraisal management company Janus Valuation & Compliance
    Class Valuation, a real estate collateral valuation and appraisal management company, has acquired Janus Valuation & Compliance. The deal is the second AMC acquisition the Michigan-based 2019 Tech100 winner has made in the last six months and one of several big steps Class Valuation has taken since it was acquired by Narrow Gauge Capital in March 2018.
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  • EXCLUSIVE: CoesterVMS shuts down

    Did the AMC close it doors for good?
    The office furniture is sold. The website is down. No one answers the phone. Everyone stateside is now laid off. The chief executive officer is currently focused on a new line of work. For all intents and purposes, CoesterVMS, once one of the nation's largest appraisal management companies, is now out of business.
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  • American Mortgage Consultants acquires Meridian Asset Services

    Furthers firm's mission to become a "one-stop-shop" for secondary mortgage market players
    American Mortgage Consultants, a due-diligence firm that caters to secondary market participants, has acquired Meridian Asset Services. AMC said Meridian's collateral, curative and title quality-control capabilities will enhance its third-party review and tech offerings that support private-label securitization transactions, due diligence and quality control.
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  • 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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  • Former Accenture exec Michael Detwiler named Class Valuation CEO

    Mortgage Cadence co-founder will take the helm following company rebrand
    Class Valuation has named Michael Detwiler CEO, just one week after the Michigan-based appraisal management company announced that it was changing its name from Class Appraisal. With Detwiler in charge, Class will charge ahead with its rebrand to keep pace with tech advancements happening in the space.
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  • Monday Morning Cup of Coffee: Appraisers may not get paid as CoesterVMS runs out of money

    Housing industry responds to Kraninger’s Senate confirmation to lead CFPB
    Sources continue to inform HousingWire of new information regarding CoesterVMS as it appears it may be running out of money and leaving some appraisers unpaid. Plus, find out what the housing industry thinks of the new director of the Consumer Financial Protection Bureau.
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  • Class Appraisal changes name to Class Valuation

    AMC rebrands to become full-service collateral valuation provider
    Class Appraisal, a Michigan-based appraisal management company, has announced that it's changing its name to Class Valuation to better describe its expanded focus. The company said its services will now include "new and disruptive" collateral valuation products, a move it is making to keep up with technological advancements impacting the space.
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  • American Mortgage Consultants launches new subsidiary

    New company, TechEssential, offers solutions suite for secondary market
    American Mortgage Consultants, a residential and consumer loan mortgage industry solutions provider, recently announced the formation of a new subsidiary, TechEssential, to provide solutions to ease transactions in the secondary mortgage market. AMC's CEO Michael Franco said the new subsidiary represents AMC’s larger commitment to technology as the underpinning of its business.
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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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