Scott Reuter, Chief Appraiser and Director of Valuation at Freddie Mac, has been named the 2021 Valuation Visionary. This award established by the Collateral Risk Network, Inc. (CRN) in 2011, recognizes persons who exemplify integrity, dedication, and exemplary service to the collateral valuation profession.
The 2021 Valuation Visionary Award will be presented in Las Vegas at Valuation Expo 2021 on September 9th. When told of the award, Scott stated “While this recognition from my peers means a great deal to me personally, this award is really a shared honor with our entire team here at Freddie Mac. The Valuation and Collateral Policy teams, MEDA and technical innovators throughout the company are all shaping what the future of valuation will look like. My role as Freddie Mac Single-Family’s Chief Appraiser provides a great opportunity to leverage our collective expertise in order to move housing finance forward in a smart and sustainable way.”
Scott and his team lead the effort for ongoing development and refinement of property valuation risk management strategies and establishing oversight and prioritization for all appraisal quality issues and concerns. He is a state-certified general appraiser. Scott has held management positions previously with Bank of America, Goldman Sachs and GE Capital Mortgage where he helped build out and manage nationwide appraisal review teams. He received GE’s prestigious “America’s Award” in 2006 for significant contributions to the business (GE Consumer Finance) for conceptualizing and implementing collateral workflow efficiencies into securitization review. Scott has been a long time contributor to CRN and Valuation Expo events. Joan Trice, President of the CRN, stated “I have known Scott for many years and know him to be made of the ‘right stuff’. The first thing I think of when I hear Scott’s name is that he is a man of integrity. I trust that Scott will do the right thing, always and without question”.
The CRN is a group of valuation experts focused on resolving the many challenges facing our profession. Lending institutions, Wall Street, Fannie Mae, Freddie Mac, Veterans Affairs, the Federal Housing Administration, Appraisal Managements Companies, regulators, and appraisers are represented in the CRN. Through our quarterly meetings and private email network, the thought leaders within the appraisal profession act as counsel to each other, share experiences, and assist each other in solving mutual problems.