AP NEWS

Class Appraisal Changing Name to Class Valuation

December 5, 2018

TROY, Mich.--(BUSINESS WIRE)--Dec 5, 2018--Class Appraisal, one of the largest nationwide providers of real estate asset valuation and appraisal management solutions to the residential mortgage industry, announced today that the company will be changing its name to Class Valuation to better describe its expanded focus -- now including new and disruptive collateral valuation offerings. Adding new products will allow the company to help lenders further improve the borrower experience.

The company’s reputation for excellent customer service will be maintained as they expand their business. “Thanks to our truly committed, engaged, and enthusiastic team here at Class, we’ve done a fantastic job of delivering a high-touch service offering to our clients,” said Class’s Chief Innovation Officer, Scot Rose. “At the same time, we know the space is changing, and we are committed to our clients’ long-term success. This means focusing on technological and process innovation designed to lead the industry into the future.”

As part of the new brand, Class will focus on highlighting its clients, its appraisers, and ultimately the homeowners. It is the real results that Class affords these individuals that matters most, and their new brand will showcase those results. The addition of disruptive offerings designed to further client success will ultimately help make more homeownership dreams come true, and that is the company’s mission.

“These changes are an extension of the company’s willingness to take ownership of -- and then solve -- client problems, while defining the future of valuation services,” said Class’s President, John Fraas. “Continuous innovation of new processes and new products is core to who we are at Class. It’s all about the borrower, their lender partner, and the experience they share. It always has been for us at Class, and our new offerings will make these experiences even better for all parties involved.”

The company will continue doing business as Class Appraisal pending acceptance of the name change by all relevant regulators.

About

Class Appraisal, soon to be Class Valuation, based in Troy, Michigan, is a top 10 nationwide Appraisal Management Company (AMC), delivering outstanding quality and service to every client and appraiser. Partnering with over 400 mortgage lenders and over 6,000 of the highest performing residential appraisers in the country, we are committed to combining the best people, products, processes, and technology available to help our clients be successful. Our goal: to best serve our clients through continual innovation of the appraisal process.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181205005589/en/

CONTACT: Sarah White, Senior Vice President of Marketing

Class Appraisal

303.906.4136

swhite@classappraisal.com

KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Class Appraisal

Copyright Business Wire 2018.

PUB: 12/05/2018 11:31 AM/DISC: 12/05/2018 11:31 AM

http://www.businesswire.com/news/home/20181205005589/en

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