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81 are made quickly and efficiently. To scale this approach over a wide geographic area, Fannie Mae relies on key partnerships with real estate agents, builders, and repair contractors to facilitate repairs and upgrades. We have created efficiencies through technology and process innovations by building repair management processes into third-party platforms. As an example, our mobile repair scoping application connects real estate agents and general contractors for collaboration in a co-scoping bid process. For those of you who watch fix and flip shows, you may have witnessed co-scoping. is is the process that has a real estate agent and general contractor walk a property together to ensure the repair bid process captures a comprehensive list of needs for the property. Another example of this innovation is how we utilize an integrated design board deployed through our technology and leveraged during this co-scoping process. is design board shows available color schemes, fixtures, and finishes to create standardized repair results across our REO portfolio regardless of property location. e real estate agent and general contractor even come together after repairs are finished to confirm the initial scope of work is complete and meets our standards. We are seeing incredible results and benefits of this work. In March 2022, 95% of repaired properties in our REO portfolio were sold to owner-occupant buyers. Fannie Mae's REO repair strategy ensures that the nation's housing supply is improved, it helps support homeownership, and it contributes to community stabilization. We continue to build on our repair strategy and technology to help create affordable and sustainable homeownership opportunities and will do so for years to come. Jacob Williamson is SVP, Single-Family Collateral Risk Management for Fannie Mae, responsible for oversight and management of all end-to-end collateral capabilities, loan quality, and operational risk management for Fannie Mae's Single-Family business. 81 Located in Shaverton, PA, this 1,130 square foot property saw a dramatic rehabilitation thanks to Fannie Mae's Real Estate Owned (REO) repair strategy. Upgrades like new flooring and new appliances in the kitchen and bathroom are designed to attract owner- occupant buyers. This 1,940 square foot home in Maple Heights, OH, was rehabilitated through Fannie Mae's REO repair strategy. Upgrades are evident throughout the home, including its bathroom and kitchen where new appliances were installed.