Meet the Speakers

Ken DeFeo manages the team currently updating the Uniform Appraisal Dataset to better meet the needs of the mortgage industry and provide better clarity around appraisal reporting. Ken has worked in the Mortgage and Real Estate industry for the past 30 years with extensive experience in loan originations fulfillment, quality control and servicing valuations. After starting at BNC Mortgage, a Lehman Brothers Company, in 1995, Ken helped drive technological expansion while maintaining quality. Then Ken moved on to work vendor contracts for JP Morgan Chase, where he also oversaw the startup of a QA department to validate vendor quality and internal audits. At Union Bank, Ken oversaw appraisal operations and was tasked with improving visibility around appraiser quality and the customer experience.

Lyle Radke joined Fannie Mae in 2013 where he is a Principal in Collateral Policy and Valuations. He holds a master’s degree in geology from Brigham Young University and is a certified residential appraiser in New Mexico. He advises the team on policy matters; recent initiatives 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®), the Uniform Property Dataset (UPD), and reconsideration of value requirements (ROV). Current workstreams include the Appraiser Diversity Initiative®, the next generation Uniform Appraisal Dataset, appraisal bias mitigation, and additional enhancements to CU. He is also responsible for external communications including Fannie Mae’s quarterly Appraiser Update newsletter, and he frequently speaks to lenders, risk investors, and appraisers about Fannie Mae’s collateral risk management policies, programs, tools, and vision.