AcquisitionIn The News

Atlas VMS Acquires Houston-Based First Appraisal Management

Atlas VMS has acquired First Appraisal Management (FAM), a leading appraiser-owned residential appraisal management company serving lenders and brokers across Texas.

FAM has built its reputation on deep local market expertise and long-standing relationships with lender and broker clients across the state. Now part of Atlas VMS, FAM’s clients gain access to Atlas LoanShield™, the company’s appraisal warranty program, and AIM-Port, Atlas VMS’s enterprise order management platform, while keeping the local team they already know.

As part of this transition, FAM’s Managing Partner Nicole Bookout will be named EVP, Appraisal Operations at Atlas VMS. Bookout has led FAM’s appraisal operations in Houston and will now oversee appraisal operations across Atlas VMS, continuing to work directly with existing clients and appraisers in an expanded role.

“Our team has always focused on doing right by our clients and our appraiser panel, and that doesn’t change,” said Bookout. “Joining Atlas VMS gives us the platform and resources to support that work at a larger scale, while keeping the local, hands-on approach clients already count on.”

“We’re excited to welcome First Appraisal Management to Atlas VMS,” said Atlas CEO Erik Morin. “This is about bringing together strong local relationships and expertise with the technology, resources and national reach to serve our clients even better. With Nicole and the FAM team joining Atlas, we’re well positioned to continue growing our presence in Texas while delivering the consistency and innovation our clients expect.”