Class Valuation Acquires Valuation Connect Class Valuation announced the successful acquisition of Valuation Connect, an appraisal management company and subsidiary of Mortgage Connect LP. This strategic move is part of Class Valuation’s ongoing commitment to innovation and excellence in real estate appraisal solutions. By joining forces with Valuation Connect, Class Valuation said in a news release that it aims to further enhance its position as a market leader, offering an unparalleled suite of products and services to streamline the valuation process and elevate the overall client experience. “We are beyond excited to be partnering with Valuation Connect,” Class Valuation CEO John Fraas said in a statement. We share a core value in that we are not afraid to roll up our sleeves to help our clients win. Combining forces is going to be a winwin for all stakeholders.” Longtime Trainer Joins Mutual of Omaha Reverse mortgage trainer Craig Barnes, CRMP, joined Mutual of Omaha Mortgage’s reverse mortgage division as wholesale training director. Barnes previously served in training and education roles at other reverse mortgage companies, including MetLife Home Loans, Security One Lending, Reverse Mortgage Funding and, most recently, as vice president of reverse education at Fairway Independent Mortgage Corp. Celink Inks Subservicing Deal Celink executed a multiyear contract renewal with Mutual of Omaha Mortgage. Mutual of Omaha Mortgage has used Celink as its reverse mortgage subservicer since 2020. “We are very pleased to be renewing and extending our partnership with Mutual of Omaha Mortgage. Having a household name, such as Mutual of Omaha Mortgage, involved in the reverse mortgage business is extremely important to the long-term growth and health of our industry. We are honored to play a role in assisting them with their growth plans for the future,” said Celink CEO Marion McDougall in a statement. Allen Hired as Wholesale Operations Manager Jennifer Allen joined Mutual of Omaha Mortgage as its new wholesale operations manager. Allen has held various underwriting and operations roles at Longbridge Financial, Family First Funding, Reverse Mortgage Funding and Finance of America Reverse dating back to 2012. Welcome New Members NRMLA would like to welcome our newest members (as of September 2023): • Absolute Home Mortgage, Fairfield, NJ (Lender Member); • DocSolution USA, Pasadena, TX (Associate Member); • City First Mortgage Services LLC, Bountiful, UT (Lender Member); • Patriot Pacific Financial Corp., Temecula, CA (Lender Member); • Performance Trust Capital Partners LLC, Chicago, IL (Broker/dealer); • Princeton Mortgage, Bay St Louis, MS (Lender Member); • Pro National Title Agency, Jericho, NY (Associate Member); and • Total Media Management LLC dba Worthington Mortgage, Huntsville, AL (Lender Member). Member News Who’s Who in Reverse Mortgages 36 REVERSE MORTGAGE / JANUARY-FEBRUARY 2024
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