In an effort to better represent its expanded focus, Class Appraisal, a nationwide provider of real estate asset valuation and appraisal management solutions, is changing its name to Class Valuation.
The company will continue to add new and disruptive collateral valuation offerings that help mortgage lenders improve the borrower experience.
“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,
In a release, Scot Rose, chief innovation officer for Class Valuation, says because the appraisal space is changing, “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.
“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,” says John Fraas, president of Class. “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.
The company made news on MortgageOrb earlier this week when it announced that Julie Jones recently joined the firm as senior vice president of valuation transformation and engagement.