Freddie Mac has announced the nine winners of its 2019 Servicer Honors and Rewards Program (SHARP), which recognizes mortgage servicers for superior performance.
“The SHARP awards represent quality servicing, risk management and sustainable homeownership,” says Yvette Gilmore, vice president of servicer relationship and performance management for the single-family business at Freddie Mac.
“SHARP enables servicers to make data-driven operational decisions that advance their efforts to help borrowers, minimize credit risk and reduce their costs,” adds Bill Maguire, vice president of servicing portfolio management at Freddie Mac. “SHARP is one of our foundational tools to quality servicing.”
The 2019 SHARP winners include the following:
Clients servicing 200,000 or more Freddie Mac mortgages:
- Gold: Wells Fargo
- Silver: Mr. Cooper
- Bronze: Bank of America and Quicken Loans
Clients servicing between 75,000 and 199,999 mortgages:
- Gold: Pingora Loan Servicing
- Silver: Freedom Mortgage
- Bronze: AmeriHome Mortgage
Clients servicing between 20,000 and 74,999 mortgages:
- Gold: USAA Federal Savings Bank
- Silver: CMC Funding
- Bronze: MUFG Union Bank
To learn more about the SHARP program, click here.