How Fannie Mae is leveraging technology to expand access to homeownership

Fannie Mae is taking important steps to help the mortgage industry close the racial housing gap, achieve equality within the housing industry and offer sustainable and affordable housing.

What is the next step for NAR?

In this Q&A, Senior Real Estate Reporter Matthew Blake gives us the inside scoop on what happened at NAR’s annual conference, including the latest on the DOJ investigation.

Mortgage Tech Virtual Demo Day

Tune in to our live Virtual Demo Day on December 1st at 10am CT to experience demos from the most innovative tech companies in the Servicing, Audit and Post-Close space.

What’s next for the maligned real estate appraiser?

In this episode of Houses in Motion, a series that is part of the HousingWire Daily podcast lineup, St. Petersburg, Florida-based appraiser Francois “Frank” Gregoire discusses issues in the appraisal industry.

Real EstateMortgage

2018 Women of Influence: Ann Song

Senior Vice President of Operations, LRES

Ann Song, vice president of operations, LRES

Ann Song joined LRES in 2014 as vice president of REO Asset Management, but her talent, knowledge and determination were all readily apparent and she quickly made her way up the company ladder.

Now serving as senior vice president of operations, Song oversees the company’s appraisal operations group, including the valuation assignment and quality control departments.

Song is a disruptor in the most positive way possible and during her tenure, has transformed company operations.

Under her management, the appraisal operations group completely transformed how they assign, track and review valuations for LRES clients. In just one year, the changes she spearheaded have already yielded impressive results. By quickly reorganizing her staff and reassessing their workflow procedures, nationwide appraisal turnaround times are down nearly three days on average.

Her changes directly drove an increase of LRES’ profit margins by an astonishing 4%, dramatically contributing to the accomplishment of the company’s 2017 goals. Song has a well-earned reputation as a strong leader, and her hard work and ambition to become every client’s business partner of choice is an inspiration to everyone she works with.

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FHFA: Government to back mortgages up to $970,800 in 2022

The FHFA today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. In high-cost areas, the new ceiling loan limit is $970,800.

Nov 30, 2021 By
3d rendering of a row of luxury townhouses along a street

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