Valuation Partners, a national appraisal management company headquartered in Toledo, Ohio, has hired Karen Herr as Vice President of its U.S. West region. In her new role, Herr will be responsible for overseeing business development and new client services in California, Arizona, Utah, Nevada, Oregon, Washington, Idaho, Montana, Wyoming, Hawaii and Alaska.
Herr joins the company from PennyMac Loan Services, where she was a Regional Sales Manager in charge of client relationships for the company's correspondent channel in five western states. Earlier in her career, she was as Senior Vice President at Mortgage Capital Management, Correspondent Sales Director at Stonegate Mortgage Corp., Vice President at JP Morgan Chase's wholesale and correspondent divisions and Vice President and Underwriting Manager at Merrill Lynch Mortgage Capital.
"Karen's years of experience with top-level mortgage lenders and impressive success record speaks for itself," said William Fall, CEO of Valuation Partners. "She knows what lenders need in a valuation partner, and I have complete confidence that she will have a huge impact on our growth."