Class Valuation unveils appraisal review tool

Class Valuation has launched a new appraisal review product designed to bring greater clarity and oversight to residential valuations.

The new tool, Class Valuation Analysis (CVA), offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model (AVM) technology.

“In today’s market, uncertainty is expensive, and lenders can’t afford to second-guess their valuation data,” John Fraas, CEO of Class Valuation, said in a statement. “Class Valuation Analysis delivers what our partners need most — clarity, confidence and compliance — especially when making high-stakes trading decisions tied to mortgage servicing rights.”

CVA is structured to comply with the Uniform Standards of Professional Appraisal Practice and is intended for use across various stages of the loan life cycle. These include forensic appraisal reviews, internal control audits, construction validation and post-board evaluations required by the government-sponsored enterprises.

Each CVA review includes a risk-based assessment by a licensed appraiser, validation of key report components such as comparables and adjustments, and a final report intended to support mortgage lending decisions.

The company added that its CVA process meets due-diligence and review standards recognized by major credit rating agencies.

“By combining licensed expertise, AVM-backed analysis and actionable reporting, CVA helps our clients validate collateral quality and mitigate risk across the loan lifecycle,” Fraas said.