Service release premium

InterLinc Mortgage Celebrates Unprecedented Growth Records

Retrieved on: 
Wednesday, July 14, 2021
Mortgage industry of the United States, Finance, Money, Economy of the United States, Mortgage-backed security, Government National Mortgage Association, Mortgage bank, Fannie Mae, Mortgage loan, Freddie Mac, Sun West Mortgage, Service release premium

HOUSTON, July 14, 2021 /PRNewswire-PRWeb/ --InterLinc Mortgage, a full-service mortgage banking firm, is celebrating a full 2020 year of growth and a record-breaking first half of 2021.

Key Points: 
  • HOUSTON, July 14, 2021 /PRNewswire-PRWeb/ --InterLinc Mortgage, a full-service mortgage banking firm, is celebrating a full 2020 year of growth and a record-breaking first half of 2021.
  • When the pandemic first began, everyone in the mortgage industry was planning for the worst-case scenario," says Gene Thompson, InterLinc CEO.
  • InterLinc has been named to Scotsman Guide's Top Lenders list and National Mortgage News' Best Mortgage Companies to Work For list already this year.
  • InterLinc Mortgage is a full-service mortgage banking firm with approvals from the three largest issuers of mortgage-backed securities, Fannie Mae, Freddie Mac and Ginnie Mae.

Cenlar Receives High Servicing Recognition From Fannie Mae

Retrieved on: 
Tuesday, April 6, 2021
Finance, Banking, Professional services, Residential Building & Real Estate, Construction & Property, Finance, Money, Mortgage industry of the United States, Mortgage, Financial services, Loan servicing, Loans, Fannie Mae, Mortgage bank, Service release premium

Cenlar FSB, the nations leading mortgage loan subservicer and federally chartered wholesale bank, has received Fannie Maes Servicer Total Achievement and Rewards (STAR) performer recognition for the 2020 STAR Program in the General Servicing category.

Key Points: 
  • Cenlar FSB, the nations leading mortgage loan subservicer and federally chartered wholesale bank, has received Fannie Maes Servicer Total Achievement and Rewards (STAR) performer recognition for the 2020 STAR Program in the General Servicing category.
  • Cenlar has been recognized for Fannie Maes Star Program for multiple years and is committed to providing servicing excellence to the many homeowners who depend on us.
  • Established in 2011, the STAR Program awards Fannie Mae servicers based on three operational and performance areas: general servicing, solution delivery and timeline management.
  • Cenlar FSB is a federally chartered, employee-owned wholesale bank, servicing loans in 50 states.

NewRez NOW Celebrates Successful Inaugural Year

Retrieved on: 
Tuesday, March 2, 2021
Construction & Property, Finance, Consulting, Urban planning, Professional services, Philanthropy, Fund Raising, Other Philanthropy, Foundation, Loan servicing, Loans, Mortgage, Servicing, Mortgage servicer, Finance, Money, Financial services in the United States, Ocwen, Service release premium

NewRez LLC (NewRez, the Company), a national mortgage lending and servicing organization, announced the successful inaugural year of its community investment program, NewRez Neighborhood Outreach Works (NOW).

Key Points: 
  • NewRez LLC (NewRez, the Company), a national mortgage lending and servicing organization, announced the successful inaugural year of its community investment program, NewRez Neighborhood Outreach Works (NOW).
  • The mission of NewRez NOW is to invest and support the health, vibrancy, and sustainability of communities through charitable contribution, outreach, and participation.
  • New in 2021, NewRez NOW launched an employee recognition program to highlight team members who go above and beyond for their community.
  • The servicing business operates through NewRez Servicing, the performing loan servicing division, Shellpoint Mortgage Servicing, the special servicing division.

Freddie Mac Announces 2020 SHARP Award Winners

Retrieved on: 
Wednesday, February 17, 2021
Loans, Mortgage industry of the United States, Finance, Money, Financial services, Mortgage, Loan servicing, Freddie Mac, Mortgage loan, United States housing bubble, Predatory mortgage servicing, Service release premium

MCLEAN, Va., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the nine winners of its 2020 Servicer Honors and Rewards Program ( SHARP )SM, which annually recognizes mortgage loan Servicers for superior servicing portfolio performance.

Key Points: 
  • MCLEAN, Va., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the nine winners of its 2020 Servicer Honors and Rewards Program ( SHARP )SM, which annually recognizes mortgage loan Servicers for superior servicing portfolio performance.
  • Servicers that have more than 20,000 Freddie Mac master-serviced loans are automatically enrolled in SHARP, which provides performance incentives through rewards and recognition.
  • Click here to learn more about the Freddie Mac SHARP program.
  • Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

Why Mortgage Pros Choose Nations Lending: It's "the marketing, the tech, the great rates."

Retrieved on: 
Wednesday, December 2, 2020
Mortgage industry of the United States, Finance, Money, Economy, Loans, Fannie Mae, Mortgage loan, Government National Mortgage Association, Loan servicing, Freddie Mac, Mortgage servicer, Service release premium

INDEPENDENCE, Ohio, Dec. 2, 2020 /PRNewswire/ -- Why do mortgage professionals continue to choose Nations Lending , the independent, direct-to-agency mortgage lender based in the Cleveland, Ohio area, in 2020.

Key Points: 
  • INDEPENDENCE, Ohio, Dec. 2, 2020 /PRNewswire/ -- Why do mortgage professionals continue to choose Nations Lending , the independent, direct-to-agency mortgage lender based in the Cleveland, Ohio area, in 2020.
  • "This is a team that wants to be the best at what they do.
  • Darrimon arrives at Nations after spending the last two years at Mason-McDuffie Mortgage, and before that he managed a branch at Movement Mortgage.
  • Nations is an agency-direct lender with Fannie Mae, Freddie Mac and Ginnie Mae and retains mortgage servicing rights on 96 percent of the loans it originates.

Milliman launches new index to measure the risk of default for government-backed mortgages

Retrieved on: 
Monday, August 5, 2019
Mortgage industry of the United States, Economy of the United States, Finance, Economy, Fannie Mae, Freddie Mac, Mortgage loan, Milliman, Government National Mortgage Association, Bibliography of Fannie Mae and Freddie Mac, Service release premium

SEATTLE, Aug. 5, 2019 /PRNewswire/ --Milliman, Inc., a premier global consulting and actuarial firm, today is launching the first-ever Milliman Mortgage Default Index (MMDI), a quarterly publication that shows the latest monthly estimate of the lifetime default risk of U.S.-backed mortgages.

Key Points: 
  • SEATTLE, Aug. 5, 2019 /PRNewswire/ --Milliman, Inc., a premier global consulting and actuarial firm, today is launching the first-ever Milliman Mortgage Default Index (MMDI), a quarterly publication that shows the latest monthly estimate of the lifetime default risk of U.S.-backed mortgages.
  • The goal of the MMDI is to provide a benchmark to understand trends in U.S. mortgage risk.
  • As part of this effort, Milliman is launching the MMDI, a lifetime default rate estimate calculated at the loan level for a portfolio of single-family mortgages delivered to Freddie Mac, Fannie Mae, and Ginnie Mae.
  • For comparison, the actual to-date default rate of GSE mortgages originated in 2007 (shortly before the financial crisis) was 13.8%, according to Freddie Mac data.

Compass Analytics First to Integrate with Fannie Mae's Servicing Marketplace - Servicing Released Premium Rate Sheet v2 API

Retrieved on: 
Monday, December 17, 2018
Mortgage industry of the United States, Economy, Finance, Mortgage, Money, Fannie Mae, Loan servicing, Service release premium

SAN FRANCISCO, Dec. 17, 2018 /PRNewswire/ --Compass Analytics, an industry-leading financial technology provider, announced that CompassPoint now offers an integration to the latest version of the Fannie Mae Servicing Marketplace - Servicing Released Premium Rate Sheet v2 (SMP-SRP v2) API.

Key Points: 
  • SAN FRANCISCO, Dec. 17, 2018 /PRNewswire/ --Compass Analytics, an industry-leading financial technology provider, announced that CompassPoint now offers an integration to the latest version of the Fannie Mae Servicing Marketplace - Servicing Released Premium Rate Sheet v2 (SMP-SRP v2) API.
  • Compass Analytics has updated its integration with Fannie Mae's Pricing & Execution Whole Loan (PE-Whole Loan) application to include the SMP-SRP v2.
  • The updated API includes multi-variable rate sheet capabilities giving servicers enhanced granularity in providing servicing released premium pricing to sellers.
  • Clients leveraging Fannie Mae's SMP-SRP API can streamline their loan sale process by importing released servicing bids from their co-issue partners.