Skip to main content

Class Valuation Announces Tech Partnership With InsideMaps
Mar 05, 2019
Class Valuation, a Troy, Mich.-based real estate collateral valuation and appraisal management company, has acquired appraisal management company (AMC) Janus Valuation & Compliance, based in Houston

Class Valuation has announced that it has made an equity investment in and are partnering with InsideMaps, a technology company using computer vision to digitize the home, to lead innovation within the valuation and mortgage space. This partnership will allow Class Valuation to develop modern solutions designed to meet the needs of the evolving mortgage industry.
InsideMaps’ technology generates 3D tours and models of both the interior and exterior of homes while also generating a detailed data set. Their easy and affordable solution can be deployed at scale while also ensuring consistent, high-quality results each and every time.
“We could not be more excited about partnering with Class Valuation," said Founder and Chief Executive Officer of InsideMaps, George Bolanos. “Class Valuation's proven execution strength and entrepreneurial speed make them ideally suited to spark industry-wide adoption of this next-generation home inspection process.”
Class Valuation plans to roll out the new technology through a phased approach, partnering with industry stakeholders to ensure it meets the needs of lenders, appraisers, providers, and governing bodies.
“There are many benefits of having a digital rendering of the home as we modernize the appraisal process including, but not limited to, bringing consistency and credibility to the inspection of a property. Furthermore, it provides a lasting impression of the home at the time of inspection, which provides many downstream benefits–one of the most important being fraud prevention,” said Class Valuation Chief Innovation Officer Scot Rose.
Class Valuation Chief Executive Officer and Partner Mike Detwiler said, “We know our industry is on the brink of change within the valuation space, and it will take leaders in every category partnering together to bring about the future. We are committed to being that driving force and see InsideMaps as just one way we will help the industry move towards sustainable, long-term modernization.”

Mar 05, 2019
More from
E-Closing Technology: Norcom Mortgage’s Implementation Lessons

Norcom Mortgage outlines its implementation lessons learned as the company transitioned to its digital experience.

Sep 17, 2021
New York Community Bank Creates Groundbreaking Digital Payment Process

Now Figure Technologies Inc. can conduct real-time secondary trading in digital shares of its stock by utilizing Figure’s alternative trading system (ATS) that operates on Provenance Blockchain.

Sep 14, 2021
NAMB Partners With Dell Technologies

Offers Discounts To Members To Help With Technology Upgrades

Sep 13, 2021
Notarize And Snapdocs Announce Partnership

Notarize and Snapdocs, Inc. entered a partnership in which brings two digital closing companies together in hopes to further streamline the closing process.

Sep 09, 2021
Hold The Phone: Agile Formally Launches Platform For TBA MBS Quotes

Trade Auction Manager Allows Small to Mid-Size Broker Dealers To Quote Digitally

Sep 09, 2021
SimpleNexus Approved As eClosing Solution Provider For Both GSEs

SimpleNexus, a homeownership platform developer, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider.

Sep 07, 2021