TROY, Mich., Nov. 15, 2023 — Class Valuation, a leading national appraisal management company, is proud to announce the successful acquisition of Valuation Connect, a dynamic appraisal management company and subsidiary of Mortgage Connect LP.
This strategic move is part of Class Valuation's ongoing commitment to innovation and excellence in real estate appraisal solutions. By joining forces with Valuation Connect, Class Valuation aims to further enhance its position as a market leader, offering an unparalleled suite of products and services to streamline the valuation process and elevate the overall client experience.
The acquisition brings together two industry powerhouses, each known for its commitment to innovation and client success.
“We are beyond excited to be partnering with Valuation Connect,” Class Valuation CEO John Fraas said. “We share a core value in that we are not afraid to roll up our sleeves to help our clients win. Combining forces is going to be a win-win for all stakeholders.”
Valuation Connect aligns seamlessly with Class Valuation's culture and dedication to exemplary client service. The collaboration between these entities is expected to drive operational efficiency, enhance service offerings, and accelerate the development of cutting-edge appraisal technology.
“We are excited about joining forces with Class Valuation and we’ve been very impressed with what they have been building over the past few years. Given their market dominance in wholesale, their investment in digital and modernization products, combined with Valuation Connect’s technology and centralized retail presence, we feel this combination will add tremendous value to our combined customers,” said Jeff Coury, CEO of Mortgage Connect. “This collaboration will allow us to accelerate the development of cutting-edge appraisal technology and deliver unmatched value.”
Class Valuation has been a trailblazer in pushing the industry forward through appraisal modernization efforts. The acquisition of Valuation Connect marks another milestone in this journey, reinforcing Class Valuation's commitment to providing efficient, intentional products and services to mortgage lenders of any type.
The combined entity will leverage the strengths of both organizations, ensuring a seamless transition for clients and offering enhanced technology, expanded resources, and a broader range of modernization products. Clients of both companies can expect an even higher level of support and an unparalleled customer experience as Class Valuation continues to shape the future of real estate appraisal management.
About Class Valuation:
Class Valuation is a leading nationwide Appraisal Management Company (AMC) known for fast turn times and delivering outstanding quality and service to every client. The company is committed to combining the best people, products, processes, and technology to help lenders make more homeownership dreams come true. Class has consistently been ranked highly by several of the nation's top ten mortgage lenders and has been recognized as a top place to work, along with receiving many other industry awards. Founded in 2009, Class Valuation is headquartered in Troy, Michigan. For more information, please visit www.classvaluation.com.
About Mortgage Connect:
Mortgage Connect is a national mortgage service provider that supports lenders, servicers, and institutional investors by providing solutions for the entire mortgage lifecycle. Founded in 2008, Mortgage Connect focuses on innovation, operational execution and the consumer experience. The company’s product portfolio includes national title and settlement services, valuations, loss mitigation and default services including critical communications, and capital markets services including title procurement and replacement, quality control, and third-party reviews. Mortgage Connect offers a robust portfolio of products and digital solutions for all lines of business within originations, servicing, and capital markets, all of which can be tailored to meet the unique needs of each client. For more information, visit www.mortgageconnectlp.com.
Media Contact:
Jon Lyons
EVP of Marketing, Class Valuation
jlyons@classvaluation.com
248.955.9580
