WHO WE ARE
Our primary mission is to advance the use of sound collateral risk management principles, policies and practices within the housing finance industry. CRN promotes a broad multi-stakeholder approach to risk management that focuses on valuation, collateral risk, and regulations.
The Collateral Risk Network is representative of all collateral risk stakeholders including- lenders, investors, rating agencies, private mortgage insurers, appraisers, Appraisal Management Companies (AMCs), technology providers, data providers and regulators.
Collateral Risk entails a focus on four primary “buckets”:
- Property Risk 2. Market Risk 3. Exogenous Risk 4. Operational Risk
Through our quarterly meetings and private email network the “thought leaders” within the collateral risk community act as counsel to each other, share experiences, and assist each other in solving mutual problems. Safety and soundness are of utmost importance.
We invite notable experts to speak to each of these risk factors at our educational quarterly meetings.
CONGRESSIONAL TESTIMONIES BY CRN FOUNDER, JOAN TRICE
VALUATION VISIONARY 2024
Chris Knight, Chief Executive Officer of Opteon Global, has been chosen as the CRN 2024 Valuation Visionary. The CRN is honored to recognize Mr. Knight as the 15th recipient of the Valuation Visionary Award. Each year, the CRN presents this award in recognition of the person who demonstrates leadership, innovation, professionalism, and who strives to better the industry for their peers. The CRN will be presenting Mr. Knight with the award at Valuation Expo 2024 during the CRN event.