Skip to main content

Class Valuation Acquires Houston AMC

Phil Hall
Apr 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, a Troy, Mich.-based real estate collateral valuation and appraisal management company, has acquired appraisal management company (AMC) Janus Valuation & Compliance, based in Houston.
 
The financial terms of the transaction were not disclosed. John Passero, who founded Janus in 2008, will join Class Valuation as a Regional Chief Operating Officer focused on the Southwest and Rocky Mountain states. Class Valuation CEO and Partner Mike Detwiler stated that the company will seek out other acquisitions to expand its geographic focus.
 
“On a national level, Class Valuation has always been committed to providing the highest levels of customer service,” Detwiler said. “Janus has done the same on a regional level. With the mortgage and valuation industry seeing major changes, we must align with companies that share our same core values.”

 
Published
Apr 05, 2019
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Tech
Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022
Nominations Open For Industry Titans Award

NMP Magazine to honor people who represent industry with professionalism.

Industry News
Sep 23, 2022
Fidelity National Names New HR Chief

Melissa Circelli previously held same position at Black Knight.

Industry News
Sep 23, 2022