Collateral Risk Network

Joan Trice Steps Down as President of Collateral Risk Network; James R. Park Named New President

[Salisbury, MD] — The Collateral Risk Network (CRN) today announced a significant leadership transition. Joan Trice, Founder and longtime President of the organization, has officially stepped down from her role. James R. Park, former Executive Director of the Appraisal Subcommittee, has been appointed as the new President of CRN, effective immediately.

Joan Trice, who founded CRN in 2003, has been a pioneering voice in elevating collateral risk awareness and reforming the valuation process. Under her leadership, CRN grew into the nation’s leading forum for valuation professionals, lenders, regulators, and risk managers. Trice will continue to support the organization as President Emeritus, providing strategic guidance and institutional continuity.

“I am incredibly proud of what we’ve built together at CRN,” said Trice. “It’s been an honor to lead this community of thought leaders and innovators. I have full confidence in Jim Park’s ability to take CRN into its next chapter.”

James R. Park brings decades of experience in regulatory oversight, risk management, and real estate valuation policy. As the former Executive Director of the Appraisal Subcommittee, he played a critical role in advancing appraisal standards and fostering transparency within the valuation ecosystem.

“I’m honored to step into this role and build on the legacy that Joan Trice has created,” said Park. “CRN will continue to be a vital voice for modernizing valuation practices, strengthening collateral risk frameworks, and supporting sound housing finance policy.”

The leadership transition marks a new era for CRN as it continues to champion innovation, collaboration, and professionalism across the valuation and risk management industries.

About the Collateral Risk Network
The Collateral Risk Network is a national alliance of stakeholders in the valuation and risk professions, including appraisers, lenders, regulators, AMCs, and technology providers. CRN fosters dialogue, promotes best practices, and advocates for responsible collateral risk policy in the housing finance system.