Fannie Mae, the government-sponsored mortgage finance company, announced their Servicer Total Achievement and Awards Program final results for the first half of 2012. STAR recognizes Fannie Mae servicers’ overall performance across a number of operational and performance areas. The performance measurements are based on comparisons across lender peer groups.
For the first half of 2012, Associated Bank was named a top performer in Peer Group Three. The recognition indicates that Associated Bank’s STAR Scorecard showed Associated at or above median levels compared to other peer lenders.
Peer Group Three STAR Performers — Associated Bank, NA; The Branch Banking and Trust Company; Capital One, NA; Colonial Savings, FA; M & T Bank; Nationwide Advantage Mortgage Co.; Navy Federal Credit Union; Sovereign Bank, FSB; Third Federal Savings and Loan; and Trustmark National Bank.
The following servicers earned a three star designation for the 2011 program year:
Arvest Mortgage Company; Associated Bank, NA; Central Mortgage Company; CitiMortgage, Inc.; Doral Bank; EverBank; Fifth Third Bank; GMAC Mortgage, LLC (Ally Bank); HSBC Bank (USA) NA; Homeward Residential; The Huntington National Bank; JP Morgan Chase; M & T Bank; Nationwide Advantage Mortgage Co.; Navy Federal Credit Union; Regions Bank; and Wells Fargo Bank, NA