Fannie Mae Honors 31 Partners for Servicing Excellence

first_img Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com.  Print This Post Home / Daily Dose / Fannie Mae Honors 31 Partners for Servicing Excellence Share Save Fannie Mae Honors 31 Partners for Servicing Excellence The Week Ahead: Nearing the Forbearance Exit 2 days ago March 5, 2021 1,262 Views About Author: Eric C. Peck Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Affordable Housing Fannie Mae Federal Housing Finance Agency (FHFA) Malloy Evans Mortgage Servicers STAR Program Demand Propels Home Prices Upward 2 days agocenter_img Previous: Analyzing the Housing Market’s Uneven Boom and Bust Cycles Next: Residential Leasebacks: A Tool Against Future Foreclosure Crises? Data Provider Black Knight to Acquire Top of Mind 2 days ago Affordable Housing Fannie Mae Federal Housing Finance Agency (FHFA) Malloy Evans Mortgage Servicers STAR Program 2021-03-05 Eric C. Peck Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Journal, News Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Fannie Mae has announced its 2020 Servicer Total Achievement and Rewards (STAR) Program results, which recognizes 31 mortgage servicers for operational servicing excellence and customer value.Established in 2011, the STAR Program awards Fannie Mae servicers based on three operational and performance areas: general servicing, solution delivery, and timeline management. The STAR Program measures servicer competency, capacity, and overall performance. It is designed to help Fannie Mae servicers identify opportunities for improvement by comparing their performance relative to other servicers, and monitor progress and trends against key indicators selected to reflect Fannie Mae’s current business objectives.“It’s an honor to recognize 31 of our servicing partners as 2020 STAR Program award recipients for their respective commitments to customer service and industry best practices,” said Malloy Evans, Senior Vice President and Single-Family Chief Credit Officer for Fannie Mae. “While mortgage servicers always play an essential role in preventing foreclosures and providing housing assistance, their work was absolutely critical last year, as homeowners dealt with job losses, reductions in income, illness, and other disruptions caused by the COVID-19 pandemic. Servicer contributions will continue to be vital while we work to keep people in their homes and stabilize the U.S. housing market as the pandemic persists.”Servicers are selected to participate in the STAR Program primarily based on total Fannie Mae servicing loan volume and the portfolio composition.The Federal Housing Finance Agency (FHFA) recently injected $1.09 billion for Fannie Mae’s affordable housing allocations for 2020, marking the largest amount ever disbursed, more than double what was provided last year.Recipients of the 2020 STAR Program include:General ServicingArvest Bank Group Inc.Associated Banc-CorporationBank of America CorporationBroker Solutions Inc.Cenlar Capital CorporationCitizens BankColonial Savings FAComputershare LimitedDovenmuehle Mortgage Inc.Fidelity BankFifth Third BancorpFlagstar Bancorp Inc.Freedom Mortgage CorporationGuild Mortgage Company LLCLoanCare, LLCM&T Bank CorporationPennyMac CorporationProvident Funding Associates LPRushmore Loan Management Services LLCStone Point Capital LLC/Home Point Financial CorporationTrustmark CorporationWright-Patt Credit UnionTimeline ManagementBayview Financial Holdings LPGeneral Servicing and Solution DeliveryPNC Financial Services Group Inc.Quicken Loans Inc.Regions Financial CorporationTeachers Insurance and Annuity Association of AmericaTruist BankGeneral Servicing and Timeline ManagementWells Fargo and CompanySolution Delivery and Timeline ManagementMr. CooperGeneral Servicing, Solution Delivery, and Timeline Management RecognitionJPMorgan Chase & Company The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Irish golfers still in play in Miami

first_imgMcIlroy’s closing-hole double-bogey took the gloss off an otherwise impressive opening round in Miami, while the highlight of Lowry’s round was an eagle on the 10th.Graeme McDowell struggled yesterday and finished on 2-over par.Scott Piercy and Marcus Fraser share the lead on 6-under par.last_img