Class Valuation unveils appraisal review tool
Briefly

John Fraas, CEO of Class Valuation, emphasizes the critical need for accurate valuation data in today's uncertain market. Class Valuation Analysis (CVA) provides clarity, confidence, and compliance, essential for high-stakes mortgage servicing rights decisions. CVA adheres to professional appraisal standards and supports various loan lifecycle stages, from forensic appraisals to post-board evaluations. The process involves thorough risk assessments and report validation by licensed appraisers. This structured approach ensures compliance with due diligence standards set by major credit rating agencies, effectively aiding clients in validating collateral quality and mitigating risk.
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.
Each CVA review includes a risk-based assessment by a licensed appraiser, validation of key report components such as comparables and adjustments.
Read at www.housingwire.com
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