Valuation Partners, a national appraisal management company with access to more than 10,000 independent fee appraisers in all 50 states, said Karen Herr had joined the company as vice president of its U.S. West region, the company announced in a press release.
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 has more than 30 years of experience in the financial services industry and has held executive roles at several large mortgage companies. Most recently, she served as a regional sales manager with PennyMac Loan Services, where she grew and managed client relationships for the company's correspondent channel in five western states, the company said.
“Karen’s years of experience with top-level mortgage lenders and impressive success record speaks for itself, “Valuation Partners CEO William Fall said in the release. “She knows what lenders need in a valuation partner, and I have complete confidence that she will have a huge impact on our growth.”
Herr’s prior roles include serving as senior vice president at Mortgage Capital Management, correspondent sales director at Stonegate Mortgage Corporation, and a vice president at JPMorgan Chase’s wholesale and correspondent divisions. Herr began her career as a vice president and underwriting manager at Merrill Lynch Mortgage Capital.
“I am excited to contribute to the strategic growth of Valuation Partners and to be working with such an amazing team,” Herr said. “My goal is to deliver a seamless valuation process for our clients and to ensure they receive the quality, innovation and services they need to achieve the best appraisal results.”