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Freddie To Update Loan Servicing Performance Profiles.(Federal Home Loan Mortgage Corp.)(Brief Article)
McLean, VA -- Freddie Mac here plans to introduce several changes to its servicer performance profiles next year, incorporating new aspects of servicing, such as property management and disposition, into reviews.
Bill Merrill, a managing director for default servicing at Freddie Mac, said that Freddie Mac updates its servicer performance profiles every year in cooperation with its loan servicers. Next year, he said Freddie Mac will be paying close attention to the management of new affordable housing loan products that have proliferated in the mortgage market.
He said the changes being implemented for 2006, which had not yet been formally announced when MSN went to press, will highlight incentives for early intervention in the case of loan delinquency and data quality issues. Those enhancements will ...
- Revisions to Freddie Mac Performance Profiles.
- Magazine article from: Mortgage Servicing News March 1, 2000 700+ words
...McLean, VA-Freddie Mac has revised its "Servicer Performance Profiles" to help...current. Freddie Mac's Servicer Performance Profiles were introduced...Servicer Performance Profiles is to identify...servicers meet Freddie Mac's servicing...
- Freddie's Performance Profiles Offer Recognition.
- Magazine article from: National Mortgage News February 17, 2003 700+ words
...says that performance profiles not only help Freddie Mac recognize superior...companies. When Freddie Mac created its servicer performance profiles in 1996, it...he said. But Freddie Mac's performance profiles give servicers...
- Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid...
- Press release article from: PR Newswire July 31, 2008 700+ words
...borrowers and still meet the standards set in Freddie Mac's Servicer Performance Profiles. The company uses the Servicer Performance...less than 300 days, this announcement means Freddie Mac will permit its servicers more time to complete...
- Freddie Mac doubles down on foreclosure-prevention incentives.(Briefing...
- Magazine article from: Mortgage Banking September 1, 2008 700+ words
...borrowers and still meet the standards set in Freddie Mac's Servicer Performance Profiles. The company uses the Servicer Performance...days, Beckles said this announcement means Freddie Mac will permit its servicers more time to complete...
- Freddie Mac Enhances Servicer Performance Incentives To Keep Borrowers in Their...
- Press release article from: PR Newswire February 18, 2003 700+ words
...relationship with its Servicers, Freddie Mac increased the incentive...foreclosure is not possible, Freddie Mac developed a new category...established in 1996 when Freddie Mac introduced its Servicer Performance Profiles, created in collaboration...
- Freddie Mac Revising Tiers.
- News wire article from: Mortgage Line September 22, 2004 700+ words
Freddie Mac plans to make more revisions to its servicer performance profiles, a company executive...customer relations at Freddie Mac, said servicers continue...system as 98.7% of Freddie Mac's performing loans and...
- Freddie Mac Revising Tiers.(Brief Article)
- Magazine article from: Mortgage Servicing News September 1, 2004 700+ words
Freddie Mac plans to make more revisions to its servicer performance profiles, a company executive...customer relations at Freddie Mac, said servicers continue...system as 98.7% of Freddie Mac's performing loans and...
- Freddie Mac launches servicer performance award.(Business Alert)
- Magazine article from: Mortgage Banking November 1, 2004 700+ words
...Nearly 40 percent of Freddie Mac's servicers are small...said Janet Eakes, Freddie Mac's vice president...management on our Servicer Performance Profiles." Beginning with...performance rankings, Freddie Mac will award its new...
- Flagstar Recognized by Freddie Mac.(Flagstar Bank)(Brief article)
- Magazine article from: Mortgage Servicing News May 1, 2007 700+ words
...Flagstar Bank has achieved Freddie Mac's "Tier One Platinum" loan...the company said last month. Freddie Mac rates servicers monthly on the...management categories of the servicer performance profiles for at least two quarters in...
- Flagstar Recognized by Freddie Mac.
- News wire article from: Mortgage Line June 22, 2007 700+ words
...Flagstar Bank has achieved Freddie Mac's "Tier One Platinum" loan...the company said last month. Freddie Mac rates servicers monthly on the...management categories of the servicer performance profiles for at least two quarters in...
Source: HighBeam Research, Freddie To Update Loan Servicing Performance Profiles.(Federal Home...