Invited Speakers
Lyle Radke
Lyle Radke joined Fannie Mae in 2013 and is a Principal in Collateral Policy. His team establishes and maintains policies for property eligibility, appraisals, and condo project standards. He holds a master’s degree in geology from Brigham Young University and is a certified residential appraiser in New Mexico. Recent initiatives from his team include updated Appraiser Independence Requirements (AIR), adoption of the ANSI sq. ft. standard, a desktop appraisal option for certain purchase loans, the Undervaluation Risk Flag in Collateral Underwriter® (CU®), launch of the new Condo Project Manager™, and the Uniform Property Dataset (UPD). Current workstreams include the Appraiser Diversity Initiative®, the next generation Uniform Appraisal Dataset, appraisal bias mitigation, reconsideration of value requirements (ROV), hybrid appraisal requirements, and additional enhancements to CU. He frequently speaks to lenders, risk investors, and appraisers about Fannie Mae’s collateral risk management policies, programs, tools, and vision for the future.