Clear Capital Creates Appraisal Unit

Clear Capital, a property valuation outsourcing firm based in Truckee, Calif., has announced the hiring of Dave Shepard as vice president and Scott Richardson as director of product development to lead the company's new Appraisal Division.The pair will immediately begin a search for an appraiser staff and a network of experienced appraisers across the country, the company said. Mr. Shepard, a third-generation real estate professional with 35 years' experience as an appraiser, has built and led appraisal departments for the National Lending Center, Centex Home Equity, Goldman Sachs, and New Century, Clear Capital said. Mr. Richardson worked most recently for Collateral Risk Solutions managing the review and reconciliation of appraisal and other valuation products. He was previously the due diligence manager for Countrywide Securities. Clear Capital can be found online at http://www.clearcapital.com.