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MortgagePoint September 2024

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49 2 0 2 4 W O M E N I N H O U S I N G A W A R D S September 2024 » address homeownership affordability and sustainability. I value the power of paying it forward. Making a difference as a woman in the housing industry involves leveraging unique perspectives and experiences by providing education and mentorship to the next genera- tion of housing professionals through teaching and professional development programs. I champion diversity and inclusivity within the industry to create an environment where everyone's voice is heard. These efforts contribute to the well-being and prosperity of families throughout our communities. For me personally, winning this award signifies the gratitude I have for helping to create positive, lasting impacts that enhance the lives of current and future generations. JULIA R. GORDON Assistant Secretary for Housing and Federal Housing Commissioner, U.S. Department of Housing and Urban Development "Since May 2022, Julia Gordon has served as HUD's Assistant Secretary for Housing and Federal Housing Commissioner, playing a vital role in formulating and enacting the Biden-Har- ris administration's policies that support affordable housing, access to sustainable credit, healthy communities, and consumer protection. While at FHA, she has worked tirelessly to give struggling borrowers better options to prevent foreclosures. During her tenure, FHA's mortgage insurance fund has remained very strong, enabling FHA to reduce its premiums by 35%. Julia has also improved HUD's effectiveness for its target borrowers—creating new flexibilities for first-time homebuyers, enhancing HUD's support for affordable rental housing, and strengthening HUD's reverse mortgage program. Before joining HUD, Julia served as a senior leader at the National Community Stabilization Trust, Federal Housing Finance Agency, and Center for Responsible Lending. For decades, she has been at the forefront of housing policy and is a trusted voice in our industry." WHAT THIS NOMINATION MEANS TO HER "I'm touched and honored to be nomi- nated for the Laurie Maggiano Legacy Award. My friendship with Laurie devel- oped during the financial crisis, when I worked closely with a host of dedicated advocates both inside and outside of government to stand up the Making Home Affordable program. Through this experience, I came to deeply appreciate Laurie's many outstanding qualities. First and foremost, she always demonstrated compassion and concern for the well-be- ing of America's families. Beyond that, I admired her insights into how govern- ment programs interacted with lenders and servicers, her ability to move the le- vers of government skillfully and quickly, her effective work with a wide range of partners, and of course her extensive subject matter expertise. Over the years, she became an important advisor and thought partner, but most of all, a friend. In all my work at HUD, I'm inspired by the memory of how Laurie managed to craft programs and solutions that worked for all parties involved. I hope she would be proud that I've been nominated for the award that bears her name." SANDRA MADIGAN Executive VP, Servicing Product Innovation, ICE Mortgage Technology "Sandra Madigan is among the influen- tial mortgage technology leaders of the past decade, having played a firsthand role shaping the critical software strategy and development that thousands of servicers and integrated partners rely on to power the American housing economy. With 25+ years in mortgage technology, Madigan intro- duced numerous first-of-its-kind capabilities and oversaw thousands of product enhancements during her tenure as an executive at Black Knight, and now, ICE. Developments she pioneered with the industry's most used servicing software, MSP, have been the launch of Servicing Digital—a consum- er-centric web and mobile application that homeowners use to manage their loan—customer service and loss mitigation solutions, which are critical to borrowers keeping their homes during hardships (i.e. natural disasters and COVID-19). Over the last year, Madigan has led the integration efforts to bring origination into the servicing workflow so ICE clients can offer a true end-to-end experience to their borrowers." WHAT THIS NOMINATION MEANS TO HER "It is an immense honor to be nominated for this award, as it recognizes the pivotal role women play in moving the housing industry forward. It is a nod to the tire- less efforts women have made to bring a new level of empathy to housing finance and to use our unique perspectives to solve problems in new ways. Women have made an indelible impact on the industry because we know that financing a house isn't about owning a mortgage— it's about owning a home, and women are the heart of the home. We are bring- ing an empathetic approach into the way we engage with our consumers, how we approach compliance and, from my per- spective, the innovations we're making to mortgage technology. To deliver software that facilitates the dream of homeowner- ship is a privilege." DONNA SPENCER VP of Servicing Relationship and Performance Management, Freddie Mac "As VP of Servicing Relationship and Performance Management in the Single-Family Portfolio and Servicing Division, Donna Spencer leads

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