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Veros Adds New Strategic Initiatives SVP

Adding to its management lineup, ""Veros Real Estate Solutions"":www.veros.com/ has announced the appointment of Charles Rumfola as the company's senior vice president of strategic initiatives. Veros will capitalize on Rumfola's extensive industry experience to enhance its activities in the secondary market.


Most recently, Rumfola served as the vice president of single-family initiatives for ""Fannie Mae"":www.fanniemae.com/, and he has been with the


government-sponsored enterprise since 1992. While part of Fannie, Rumfola was responsible for leading the Uniform Mortgage Data Program, which targets appraisal documentation and delivery for both Fannie and ""Freddie Mac"":www.freddiemac.com/.

Rumfola will be based in Washington, D.C., in his new position with Veros, and his primary duty will be managing the company's key initiatives in the secondary markets.

Commenting on Rumfola's hiring, Veros' president and CEO, Darius Bozorgi, said, ""We are honored to have Chuck join our team. Chuck has made significant contributions to the mortgage industry during his tenure at Fannie Mae and I am confident his expertise and vision will further propel Veros' growth and enhance our role in an industry that continues to navigate through an exciting period of redefinition.""

Rumfola added his own thoughts in a company statement, noting, ""I'm pleased to announce my transition to Veros. Veros is leading the charge in providing solutions that deliver much needed transparency, accountability and improved loan quality to the U.S. housing finance system. I look forward to playing an integral role in continuing that vision.""

About Author: Abby Gregory


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