ServiceMac Honored by Freddie Mac as a 2024 Servicer Honors and Rewards Program Award Winner
19 Fevereiro 2025 - 11:00AM
Business Wire
—Recognition spotlights ServiceMac as one of
the top-rated servicers in the U.S.—
ServiceMac, an innovative mortgage subservicer and a
member of the First American family of companies, today announced
the company has been honored as a Freddie Mac 2024 Servicer Honors
and Rewards Program (SHARPSM) award winner, earning gold in the
category for servicers that service between 75,000-199,999 Freddie
Mac mortgages. The SHARP awards annually recognize excellence in
servicers that have strong customer service programs as well as
those whose efforts minimize credit risk and reduce cost.
“Since our inception, we’ve been focused on helping servicers
provide superior customer service to their clients, while
maximizing efficiency and managing portfolio risk,” said Bob
Caruso, president and CEO of ServiceMac. “Freddie Mac’s recognition
serves as an endorsement of our approach, which combines our
proprietary subservicing technology platform with industry-leading
customer support delivered by our expert staff members.”
SHARP award winners are chosen based on their Servicer Success
Scorecard rankings, which determine the top portfolio performance
for the previous year.
"Freddie Mac is proud to recognize the exceptional achievements
of our servicers in this year’s SHARP awards,” said Donna Spencer,
vice president, servicing relationship and performance management.
“Their leadership, expertise and dedication continue to make a
crucial difference in homeowner outcomes. We’re proud to partner
with these servicers that constantly educate, assist and interact
with homeowners, while offering solutions to help distressed
borrowers remain in their homes. Congratulations to these
exemplary, indispensable members of the mortgage ecosystem."
Founded in 2017 and acquired by First American in October 2021,
ServiceMac onboarded its first portfolio in 2019 and now services
over $200 billion in loans for first and second mortgage
portfolios. The company has rapidly grown on the foundation of its
robust technology, industry-leading risk management and compliance
tools, top-quality customer service and experienced team members.
ServiceMac supports mortgage servicing rights holders, master
servicers, borrowers and subservicing needs with more effective and
efficient servicing workflows.
About ServiceMac, LLC
ServiceMac, LLC, a member of the First American family of
companies, is focused on providing superior technology, products
and services for the mortgage industry backed by highly customized
service and support. The innovative mortgage subservicing company
offers lenders, investors and other mortgage servicers customized
solutions that span the mortgage continuum and enhance security,
customer satisfaction and profitability. More information can be
found at https://info.servicemacusa.com/about-us.
About First American
First American Financial Corporation (NYSE: FAF) is a
premier provider of title, settlement and risk solutions for real
estate transactions. With its combination of financial strength and
stability built over more than 135 years, innovative proprietary
technologies, and unmatched data assets, the company is leading the
digital transformation of its industry. First American also
provides data products to the title industry and other third
parties; valuation products and services; mortgage subservicing;
home warranty products; banking, trust and wealth management
services; and other related products and services. With total
revenue of $6.1 billion in 2024, the company offers its products
and services directly and through its agents throughout the United
States and abroad. In 2024, First American was named one of the 100
Best Companies to Work For by Great Place to Work® and Fortune
Magazine for the ninth consecutive year, and named one of the 100
Best Workplaces for Innovators by Fast Company for the second
consecutive year. More information about the company can be found
at www.firstam.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250219989612/en/
Media Contact: Marcus Ginnaty Corporate Communications
First American Financial Corporation (714) 250-3298 Investor
Contact: Craig Barberio Investor Relations First American
Financial Corporation (714) 250-5214
First American (NYSE:FAF)
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