Understanding Appraisal Flexibilities During COVID-19

Lyle Radke is Director of Fannie Mae’s Collateral Policy and Strategy team, which establishes and maintains policy standards for appraisals and property eligibility. Shortly after receiving a master’s degree in Geology from Brigham Young University, Lyle began his career in real estate valuation in New Mexico. After nearly nine years of appraisal field work, he joined the Valuation Department of GMAC Mortgage, becoming manager in 2007. In that role, he hired and trained a large valuation review team from the ground up, as well as supervised the creation of one of the first XML appraisal delivery platforms. Looking for a new challenge in 2013, he joined Fannie Mae to work on Collateral Underwriter and other collateral policy initiatives.