Program Recognizes 29 High-Performing Mortgage Servicers Across Three Key Performance AreasWASHINGTON, Feb. 25, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2024 Servicer Total Achievement and RewardsTM (STARTM) Program results, recognizing 29 mortgage servicers for competency, capability, and overall performance. For more than a decade, Fannie Mae's STAR Program has awarded high-performing mortgage servicers for their loan volume and portfolio composition, and for demonstrating leading practices to improve the housing industry."We're proud of this year's top-performing STAR Program servicers who are critical partners in our mission to provide stability to borrowers based on strong servicing standards," said Cyndi Danko, Senior Vice President and Single-Family Chief Credit Officer, Fannie Mae. "Our servicers continue to show their commitment to operational excellence while reducing credit loss – a crucial component to the overall safety and soundness of Fannie Mae's business and the residential mortgage market."Since 2011, Fannie Mae's STAR Program has enabled broad and lasting improvements across the mortgage servicing industry by promoting servicing knowledge and excellence. The program has seen sustained servicer improvement in both metric performance and operational assessment results year over year.For the 2024 program year, mortgage servicers were evaluated for STAR Performer recognition in three categories: General Servicing, Solution Delivery, and Timeline Management based on the results of the Servicer Capability Framework and STAR Performance Scorecard.The 2024 STAR Program recipients are:General ServicingAssociated BankCenlar Federal Savings BankColonial SavingsFifth Third Bank, N.A.Gateway First Bancorp, IncGuild Mortgage CompanyPHH Mortgage CorporationJPMorgan Chase BankM&T BankTruist BankThe PNC Financial Services Group, Inc.Provident Funding Associates, L.P.University BankWells Fargo & CompanySolution DeliveryFlagstar Bank, National AssociationRocket Mortgage, LLCTimeline ManagementLoanCareGeneral Servicing and Solution DeliveryArvest BankBank of America, N.A.BOK Financial CorporationDovenmuehle Mortgage, Inc.Freedom Mortgage Corp.Planet Home Lending, LLCRegions BankServbankServiceMacThe Huntington National BankGeneral Servicing and Timeline ManagementNewRez, LLCGeneral Servicing, Solution Delivery, and Timeline ManagementMr. CooperAbout Fannie MaeFannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America

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Sharply Higher Share of Survey Respondents Expects Rent Prices to RiseWASHINGTON, Feb. 7, 2025 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 0.3 points in January to 73.4, bouncing back slightly after falling last month for the first time since July. Improvements in consumer optimism toward both homebuying and home-selling conditions, along with even greater expectations that home prices will rise over the next 12 months, drove the increase. However, after a surge in mortgage rate optimism in the second half of last year, January saw a 13-percentage-point decline in the net share of consumers who believe mortgage rates will go down in the next 12 months. In addition, the share of consumers who expect rental prices will go up increased 8 percentage points from last month to 65%. Year over year, the HPSI is up 2.7 points."Consumers seem increasingly pessimistic that housing affordability conditions will improve across the board, as a growing share expects home prices, rent prices, and mortgage rates will all go up," said Kim Betancourt, Vice President of Multifamily Economics and Strategic Research