Lyle Radke
About Lyle Radke
Lyle Radke is the Senior Director of Collateral Policy at Fannie Mae, where he leads policy standards development and supports the appraiser profession through various initiatives and outreach programs.
Title
Lyle Radke serves as the Senior Director of Collateral Policy at Fannie Mae.
Current Role at Fannie Mae
Lyle Radke currently leads collateral policy development at Fannie Mae in Plano, Texas. His responsibilities include developing and promoting policy standards through initiatives like the Uniform Appraisal Dataset (UAD) and technology platforms such as Collateral Underwriter and Condo Project Manager. He also supports appraiser education and outreach through programs like the Appraiser Diversity Initiative (ADI).
Career at Fannie Mae
Lyle Radke has held various roles at Fannie Mae, including Credit Risk Manager from 2014 to 2018 and Credit Risk Analyst from 2013 to 2014, both based in Dallas, Texas. His work in these roles focused on managing and analyzing credit risks.
Previous Roles and Experience
Before joining Fannie Mae, Lyle Radke accumulated extensive experience in the appraisal and valuation fields. He was the Chief Appraiser at Altisource in Coppell, Texas, and Ocwen Financial Corporation in Dallas, Texas, in 2013. He also worked at GMAC ResCap as Manager of Servicing Valuation for 6 years and at Homecomings Financial (GMAC) as an Asset Valuation Specialist for 4 years. Earlier in his career, he spent 8 years as a Fee Appraiser at Warren Payne and Associates and worked in various roles, including as a Framer at Rick Christensen Construction and a Geology Technician at North American Exploration.
Education and Expertise
Lyle Radke holds both a Master's and a Bachelor's degree in Geology from Brigham Young University. His educational background in geology has informed his analytical and systems approach in his professional roles. He utilizes this expertise to engage with professional organizations like The Appraisal Foundation and to contribute to initiatives on climate risk and Duty to Serve goals.
Professional Contributions
Lyle Radke offers policy subject matter expertise for various internal and external projects, including appraisal modernization pilots and the UAD/Forms Redesign. He communicates core principles and solutions through educational media such as the quarterly appraiser newsletter, training videos, user guides, and public speaking engagements. Additionally, he engages with risk partners like the Federal Housing Finance Agency (FHFA), mortgage insurance companies, capital markets/ratings agencies, lenders, and service providers.