Class Valuation acquires AMC AppraisalTek

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. The AMC today announced the acquisition of AppraisalTek, a Chandler, Arizona-based AMC, for an undisclosed sum. Class Valuation said it would bring on AppraisalTek’s 75 full-time employees. AppraisalTek was founded in

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Opinion: The elasticity in mortgage employment

Is there a new way to address the truth about staffing in the mortgage industry? When will we learn to be more transparent to our employees — people with families and bills — and stop the endless flow of layoffs? While taking with Clayton Collins, CEO of HWMedia, he used

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Is home equity, now at $11.5 trillion, at its peak?

Home equity climbed to a historic high of $11.5 trillion in the second quarter, but it could be nearing its peak as major equity-rich markets on the West Coast begin to show signs of decline.  Tappable equity, the amount available for homeowners to access while retaining at least 20% equity

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Movement hires two Fairway executives to boost sales team

South Carolina-based Movement Mortgage has hired two executives away from rival Fairway Independent Mortgage to boost the growth and development of its distributed retail sales team.  The nonbank lender named the 34-year veteran Sarah Middleton to the new position of chief growth officer to attract, onboard and develop sales leaders. Meanwhile, Kevin McGovern

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