Adam Thorpe, president and chief operating officer of Castle & Cooke Mortgage, has been appointed to Fannie Mae‘s Single-Family Risk Advisory Board, which helps shape the credit policies of Fannie Mae, the largest supplier of U.S. mortgage funds.
The Risk Advisory Board also provides input on process enhancements and the government-sponsored enterprise’s selling guide.
The board comprises 18 senior risk executives from lenders around the country who serve a minimum term of one year.
A licensed attorney with more than 15 years of legal experience, Thorpe joined Castle & Cooke in 2013 as the company’s senior vice president and chief risk officer. He currently oversees the company’s corporate operations and loan production, as well as its relationships with investors, agencies, warehouse lenders, and state and federal regulators.
“Given the important role Fannie Mae plays in our housing economy, this appointment is a real honor,” Thorpe says in a release. “I look forward to sharing my insights with other board members and working together to address important industry challenges.”