Skip to main content

John Fraas Named President of Class Appraisal

Dec 15, 2017
Class Appraisal has promoted Jon Tallinger to the position of Chief Growth Officer

Class Appraisal has announced the appointment of John Fraas as its new company President. Fraas comes with strong operations experience, most recently serving as President and Chief Financial Officer for Detroit-based Fathead.
 
“We are delighted to have John join our company, as it represents our continued commitment to building the best team in the industry in order to drive our future growth initiatives,” Class Appraisal CEO Alex Elezaj said. “John brings a great deal of leadership skills to our team and is a perfect cultural fit.”
 
Fraas’ primary responsibilities will include overseeing the day-to-day operations and aiding in the execution of the company’s strategic plans.
 
“Class Appraisal has become one of the fastest-growing and most-respected appraisal management companies in the country,” Fraas said. “I’m looking forward to working with such a passionate and motivated team, so we can continue to innovate and provide exceptional service for all of our business partners.”
 
Fraas’ career includes spending more than seven years at Deloitte, six years at Ilmor Engineering, and two years at Fathead.

 
About the author
Published
Dec 15, 2017
Co-Founder Mat Grella Terminated From NEXA

NEXA CEO Kortas states negotiations regarding the buyout will continue.

Mar 27, 2024
Comings And Goings At AmeriHome

Chief Operating Officer John Hedlund announced his retirement on Thursday in a LinkedIn post.

Mar 22, 2024
Rocket's Tim Birkmeier To Retire

Birkmeier is bidding farewell after a 28-year career at Rocket Companies.

Mar 21, 2024
How NAR’s Settlement Impacts Homebuying

While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.

Mar 19, 2024
NAR Reaches $418 Million Settlement

The association agreed to give home sellers the option of compensating agents.

Mar 15, 2024
U.S. Non-Bank Mortgage Lenders Surge Amid Industry Consolidation, Fitch Ratings Reports

As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.

Mar 14, 2024