Regions Is Platinum In Freddie's View
Regions Mortgage, a division of Regions Bank, has achieved Freddie Mac's 2006 Tier One Platinum performance ranking for excellence in investor reporting and default management.
Freddie Mac said Regions Mortgage was one of only 39 servicing companies nationwide to meet this standard. Nationally, approximately 1,500 lenders service Freddie Mac-owned loans.
"I want to personally thank Regions for consistently achieving remarkable results through hard work, persistence and a commitment to excellence," said Janet Eakes, senior vice president of single-family sourcing operations for Freddie Mac, in a news release. "Our Tier One rankings go only to those few mortgage servicers whose superior performance, efficiency and customer service set the benchmark for the rest of our industry."
Freddie Mac ranks its servicers each month on the basis of performance benchmarks that cover a wide range of activities. (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com