StreetLinks National Appraisal Services has that it has acquired majority ownership in Corvisa LLC, a mortgage software and appraisal management technology firm. Terms of the acquisition were not disclosed. "StreetLinks is continuing to experience tremendous growth having developed a reputation for the best service, quality and technology in the full appraisal management space. Corvisa brings industry-leading self-management technology to the mix. Together, we can address the appraisal fulfillment needs of any lender's business model," said Corvisa President Matt Lautz.
"The synergy between StreetLinks and Corvisa positions us as a 'one stop' appraisal management provider," said StreetLinks Chief Executive Officer Steve Haslam. "Lenders can choose from a comprehensive and full-service appraisal management solution, a self-managed software solution, or a hybrid solution tailored to match any lender's specific business and compliance needs. In addition to appraisal management solutions, StreetLinks and Corvisa are already in the process of developing a full suite of new and innovative valuation products that will be released throughout 2011."
Tony Ebeyer, StreetLinks' chief operating officer, said, "The combination of our talents, experience and outstanding technical teams will allow us to accelerate our product diversification strategies. Our objective is to bring to market a host of pre and post origination products and services that greatly elevate what is currently available to mortgage professionals."
For more information, visit www.corvisa.com or www.streetlinks.com.