Class Valuation unveils appraisal review tool

“In today’s market, uncertainty is expensive, and lenders can’t afford to second-guess their valuation data,” John Fraas, CEO of Class Valuation, said in a statement. “Class Valuation Analysis delivers what our partners need most — clarity, confidence and compliance — especially when making high-stakes trading decisions tied to mortgage servicing rights.”

CVA is structured to comply with the Uniform Standards of Professional Appraisal Practice and is intended for use across various stages of the loan life cycle. These include forensic appraisal reviews, internal control audits, construction validation and post-board evaluations required by the government-sponsored enterprises.

Each CVA review includes a risk-based assessment by a licensed appraiser, validation of…