Clear Capital Appoints Mike Ousley to Lead Appraisal Team

TRUCKEE, CA– Dec. 22, 2009 – Clear Capital (www.clearcapital.com), a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today announced the appointment of Mike Ousley (top right photo)  as the company’s Executive Vice President, Appraisal Group, reporting to Duane Andrews,  (bottom left photo) Clear Capital CEO, and Kevin Marshall, Clear Capital President.

Working from company headquarters in Truckee, Calif., Ousley will oversee the direction and continued growth of Clear Capital’s Appraisal team responsible for providing reliable Appraisal-based and Value Reconciliation products nationwide to mortgage and lending industry customers.

 The Appraisal Group includes an internal team of 28 staff appraisers, quality assurance and customer service professionals; and an independent network of 10,000 licensed contract appraisers.

“Mike’s reputation throughout the industry fits who he really is: honest, innovative, hard working and most impressively, he puts the interests of others first,” said Andrews. “We're excited Mike has joined Clear Capital. He has built a successful career by finding ways to integrate technology to achieve efficiencies that benefit everyone in the loan transaction process.”

Ousley’s professional background spans more than 30 years of real estate collateral assessment and mortgage banking. Prior to joining Clear Capital, he founded Foster Ousley Conley in 1989 and Appraisal Enhancement Services (AES) in 1994.

In 2003, AES was acquired by a Fortune 500 company. He left Foster Ousley Conley after helping grow the company from two to more than 400 employees. Prior to Foster Ousley Conley, he served as Vice President at California Federal Savings Bank.

Contact: Heather Pond, 415.402.0230, http://www.atomicpr.com/