June 30, 2022 – Associated Bank was recently recognized by Fannie Mae for mortgage services provided in the 2021 Servicer Total Achievement and Rewards™ (STAR™) Program. This is the tenth consecutive year Associated Bank has been recognized by Fannie Mae for mortgage services provided.
The STAR Program honors mortgage servicers for their effective, standardized processes that help drive their performance and operational success.
Associated Bank was recognized in the Solution Delivery category for 2021. Over the past decade, the bank has been recognized under all three categories, also including General Servicing and Timeline Management.
“We continue to enhance our digital options to make the process of home buying and homeownership as convenient as possible for our customers,” said Tom Faughnan, executive vice president, director of consumer lending, Associated Bank. “In 2021, over 90% of our mortgage applications were submitted through our online portal.”
Associated serviced approximately 49,000 Fannie Mae mortgages in 2021 with total balances in excess of $5 billion. Associated Bank is the Midwest’s Leading Lender for over a decade.*
A total of 29 mortgage servicers were recognized in 2021.
###
* The Leading Lender in the Midwest designation is based on originated, closed-end mortgage loan count, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the Consumer Financial Protection Bureau Mortgage Database (HMDA), July 2021.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $35 billion and is Wisconsin's largest bank holding company. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.
ABOUT FANNIE MAE
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit: fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog