February 25, 2024
Mortgage

Fannie Mae Recognizes 32 Top Performing Mortgage Servicers Through its STAR Program


Fannie Mae has recognized 32 mortgage servicers for competency, capacity, and overall performance through its 2023 Servicer Total Achievement and Rewards (STAR) Program.

The program awards high-performing mortgage servicers for their loan volume and portfolio composition, and for demonstrating leading practices to improve the housing industry.

“Our servicing partners’ success is essential to achieving Fannie Mae’s goal of preserving homeownership and maintaining the safety and soundness of our business,” says Cyndi Danko, senior vice president and single-family chief credit officer, Fannie Mae. “We’re proud to recognize our top-performing STAR Program servicers and their commitment to ensuring operational excellence, reducing credit loss, and continuously improving the overall homebuyer experience.”

Since 2011, the program has enabled broad and lasting improvements across the mortgage servicing industry by promoting servicing knowledge and excellence. The program continues to gain positive momentum and has seen sustained servicer improvement in both metric performance and operational assessment results year over year.

For the 2023 program year, mortgage servicers were evaluated for STAR Performer recognition in three categories: General Servicing, Solution Delivery, and Timeline Management based on the results of the Servicer Capability Framework and STAR Performance Scorecard.

What follows are the 2023 STAR Program recipients by category:

General Servicing

  • Bank of America, N.A.
  • Carrington Mortgage Services
  • Fifth Third Bank, N.A.
  • Freedom Mortgage Corp.
  • Guild Mortgage Company, LLC
  • Iowa Bankers Mortgage Corporation
  • JPMorgan Chase Bank, N.A.
  • LoanCare, LLC
  • Provident Funding Associates, L.P.
  • Regions Bank
  • ServiceMac, LLC
  • Specialized Loan Servicing
  • The Huntington National Bank

Solution Delivery

  • Associated Bank-Corp
  • Broker Solutions, Inc.
  • Cenlar Federal Savings Bank
  • Colonial Savings, F.A.
  • Mortgage Clearing House
  • Mr. Cooper
  • RoundPoint Mortgage Servicing LLC
  • US Bank, NA

General Servicing and Solution Delivery

  • BOKF, National Association
  • M&T Bank Corp.
  • PennyMac Corp
  • PHH Corporation
  • Planet Home Lending, LLC
  • PNC Bank, N.A.
  • Truist Bank

General Servicing and Timeline Management

  • Flagstar Bancorp, Inc.
  • Wells Fargo Bank, N.A.

Solution Delivery and Timeline Management

General Servicing, Solution Delivery, and Timeline Management



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