Colonial Joins Freddie Hall of Fame

Colonial Savings FA, Fort Worth, Texas, has become the 27th company to be inducted into Freddie Mac's Hall of Fame for achieving Tier One servicing status four years in a row, according to Colonial.The Tier One designation is given to servicers whose management of performing and nonperforming loans is deemed superior for two or more quarters in a given year. Freddie Mac ranks servicers in four tiers based on their investor reporting and default management. Colonial Savings can be found online at http://www.colonialsavings.com.

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