Fannie Mae Recognizes Mortgage Servicers for Excellent Performance mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.
Fannie Mae Recognizes 31 Mortgage Servicing Partners for Operational Excellence, Customer Value
Annual STAR Program Assesses Fannie Mae Servicers Based on Key Performance Areas
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WASHINGTON, March 4, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) today announced the 2020 Servicer Total Achievement and Rewards™ (STAR™) Program results, which recognized 31 mortgage servicers for operational servicing excellence and customer value. Established in 2011, the STAR Program awards assess Fannie Mae servicers based on three operational and performance areas: general servicing, solution delivery, and timeline management. 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, Fannie Mae. While mortgage servicers always play an essen
PennyMac Corp.,
plans to make a private offering of
$200 million aggregate principal amount of
its Exchangeable Senior Notes due 2026 (the Notes ). The initial purchasers
will have a 13-day option from the date of the offering to purchase up to an
additional
$30 million aggregate principal amount of Notes from
PennyMac Corp.
The net proceeds from the offering are intended to be used for PMT s general
business purposes, including funding the correspondent production and investment
activity of PMT and its subsidiaries, which may include investments in mortgage
servicing rights, as well as the repayment of indebtedness and working capital.
A copy of the press release is filed herewith as Exhibit 99.1 and is
Top-Shelf Servicers Receive Freddie Mac SHARP Awards mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.