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Freddie Mac Revising Tiers.(Brief Article)
Freddie Mac plans to make more revisions to its servicer performance profiles, a company executive told attendees at the Western States Loan Servicing Conference here.
Beth Luth, manager of customer relations at Freddie Mac, said servicers continue to perform well on the four-tier ranking system as 98.7% of Freddie Mac's performing loans and 93.8% of nonperforming loans were serviced by companies that received a tier-one or tier-two ranking from the secondary market agency.
The changes that are in the works include a new data integrity requirement and new ...
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Source: HighBeam Research, Freddie Mac Revising Tiers.(Brief Article)