Orange, Calif., April 13, 2016 - LRES, a national REO and appraisal management
company offering property valuations, REO management, HOA
and technology solutions for the mortgage and real estate industry,
announced it has acquired InsideValuation®, a
provider of commercial and residential evaluations. InsideValuation
has built a reputation for providing highly accurate evaluation
reports containing thorough data and analysis.
Headquartered in Reno, Nevada, InsideValuation brings to LRES
its commercial and residential interagency-compliant evaluations,
performed by its strong network of more than 25,000 field agents.
Through this acquisition, InsideValuation's hybrid and appraisals
products can now be produced under LRES' AMC licenses with
jurisdictions in all 50 U.S. states and complying with state
This acquisition of InsideValuation by LRES will further enhance
LRES' product offerings and client base. In addition,
InsideValuation customers also now have access to LRES' technology
solutions through LRES DirectConnect™ Integration Hub, which
optimizes and accelerates the valuation ordering process.
looks forward to becoming a part of the LRES family. We are pleased
with the match of our company cultures, which will ensure that our
clients continue to receive the high level of service that they
have grown to expect," said Susan Chauncy, CEO of InsideValuation.
"This merger is a win-win, as InsideValuation's commercial
valuation experts will strengthen LRES' commercial unit and LRES'
diverse product line will enhance our overall product
"We are excited that InsideValuation is joining our team at LRES
as we continue to expand our markets," said Roger Beane, founder
and CEO of LRES. "We know this acquisition will strengthen our
mission at LRES and offer expanded service offerings to various
business channels to our valued customers."
The acquisition became official on March 31, 2016.
Orange County, Calif.-based LRES is a national REO and appraisal
management company offering property valuations, asset management,
HOA and technology solutions for mortgage bankers, lenders,
servicers, credit unions and private investors. With more than 15
years of continued growth, LRES offers residential and commercial
solutions and managed business processes for the origination and
default markets. For more information about LRES, visit its website