A former Fannie Mae VP of single-family strategic initiatives joined Veros Real Estate Solutions as SVP of strategic initiatives.

Charles (Chuck) Rumfola was selected for the position and will manage numerous initiatives for Veros in the secondary markets. Rumfola, who joined Fannie Mae in 1992, will be based out of Wasington D.C.

“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,” said Darius Bozorgi, president and CEO of Veros.

Rumfola received his M.B.A. from the University of Maryland and a bachelor’s degree from the University of California, Santa Barbara.

Veros, headquartered in Santa, Ana, California, is a predictive technology software company that combines the power of predictive technology, data analytics, and industry expertise to deliver advanced automated decisioning solutions.