Ex-NFL star sentenced to five years in prison for mortgage fraud

Ex-NFL star sentenced to five years in prison for mortgage fraud

Irving Fryar and his mother convicted of conspiring to steal $1.2M

Experian hacked: 15 million people’s credit data stolen in breach

Credit reporting agency becomes latest victim of data breach

Here's what today's job creation implosion means for housing and mortgage finance

Jobs crater, labor participation rate near 40-year low and zero wage growth
Servicing / The Ticker

Fannie Mae ranks top servicers

STAR awards released to the public

prevention ave

Fannie Mae revealed its Servicer Total Achievement and Rewards list (STAR), profiling the servicers who rank high when tested on customer service and other key metrics.

The STAR measures servicers across key operational and performance areas relative to their peers.

Those ranked at the top perform well on key tests. One of which is how many seriously delinquent loans transition to an equal or less delinquent status in a month and the rate at which servicers are providing retention solutions to delinquent homeowners.

The peer-one group, or top-ranked servicers, include: Green Tree Servicing, Nationstar Mortgage (NSM), Ocwen Financial Corporation (OCN), PHH Mortgage Corporation (PHH), PNC Financial Services Group, Inc. (PNC), Seterus, Inc., and Wells Fargo (WF).

"Our mortgage servicers’ efforts are critical to keeping people in their homes, preventing foreclosures and stabilizing communities," said Leslie Peeler, senior vice president of Fannie Mae’s National Servicing Organization.

The list of servicers can he found here.

Recent Articles by Brena Swanson

Comments powered by Disqus