Valuations industry veterans David Wegmann and John Powell have joined United States Appraisals (USA) as business development managers.
Wegmann, based in the Chicago area, has more than 20 years of experience in regional and national account sales, sales management, and executive-level relationship building within multiple business environments.
Before joining USA, he held sales management positions with Nadlan Valuation, Buyers Access and Spectrus Real Estate Group. He also served as a litigation analyst for JPMorgan Chase.
Powell, who will work in the Charlotte, N.C., area, is a seasoned mortgage professional with extensive experience in sales management, senior leadership and origination. He previously owned Bedford Paulownia Partners and once led a sales force of 19, with annual originations exceeding $450 million.
Powell’s personal originations have exceeded $52 million in a single calendar year. His 25 years in the industry include senior positions with Coester Valuation Management Services, Virginia Equity Partners, Alliance Home Funding, Presidential Savings Bank and Preferred Mortgage Group.
USA is a nationwide appraisal management company that provides a comprehensive suite of residential valuation products to lenders and other mortgage origination firms.