Mark Sennott has over 25 years of experience in the appraisal/valuation industry, including as a founder and CEO of several Appraisal Management Companies that served both lenders and government agencies. With deeply seated aspirations to see the industry fully modernize and address long standing challenges, Sennott is an independent consultant to banks and leading technology companies in the valuation space, including one of the leading AVM companies. Sennott has been a pioneer in bringing Automated Valuation Models (AVMs) and other alternative valuations to the mortgage industry. He introduced the first commercial AVM (the Case Schiller AVM) to Wall Street in the 1990s, enabling the capital markets to instantly conduct mark-to market portfolio valuations for the first time. Sennott has successfully fought in state and federal courts for the approved use of AVMs and other alternative valuations for Home Equity Lending. (See Wall Street Journal Article). Sennott is a former award-winning investigative reporter and was twice nominated for a Pulitzer Prize. He has appeared in the Wall Street Journal, American Banker, and the Washington Post. He was also a staff Reporter at the Providence Journal and the Fort Worth Star-Telegram.
