Mike Brenning, chief production officer at Deephaven Mortgage, has this to say about the deal in a press release: “With this strategic partnership and the industry-leading experience that Class Appraisal provides the mortgage broker community, we are continuing our commitment to meet the growing needs of the mortgage broker and their clients, linking our products and technology in non-QM with a best in class AMC experience via Class Appraisal.”
Jonathan Tallinger, chief growth officer at Class Appraisal, echoed this sentiment: “We understand that each new business relationship has a unique set of needs and requirements, and we look forward to partnering with Deephaven to fulfill those needs.”
Class currently has over 12,000 appraiser partners in all 50 states. As for news, the company has been quite active of late.
The world of non-QM mortgages is rapidly expanding, and I expect that Class Appraisal’s huge network of appraisers and dedication to quality service will meet Deephaven’s increasing appraisal needs. For more, read the news item on MortgageOrb or on MPA.