FMCC Freddie Mac

Freddie Mac Announces 2020 SHARP Award Winners

Freddie Mac Announces 2020 SHARP Award Winners

SHARP Awards Recognize Top Performance for Mortgage Servicers During Pandemic

MCLEAN, Va., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the nine winners of its 2020 Servicer Honors and Rewards Program ()SM, which annually recognizes mortgage loan Servicers for superior servicing portfolio performance. SHARP is aligned with Freddie Mac’s ® effort to transform the servicing landscape while focusing on outstanding customer service and positive efforts to prevent and alleviate loan delinquencies.

“Our Servicers’ dedication to assisting borrowers with mortgage relief options over the past year has helped hundreds of thousands of families keep their homes during the pandemic,” said Bill Maguire, Freddie Mac’s Vice President of Single-Family Servicing Management. “This is particularly commendable as the pandemic continues to weigh heavily on so many Americans. We’re committed to helping struggling homeowners until we are through this crisis and they are back on their feet. Beyond sustainable homeownership, the SHARP awards also represent quality servicing and risk management – and we’re excited to recognize the success of our clients.”

SHARP enables Servicers to make data driven operational decisions that advance their efforts to help borrowers, minimize credit risk and reduce their costs.



2020 SHARP Award Winners:

Clients servicing 200,000 or more Freddie Mac mortgages

  • Gold: PNC Bank
  • Silver: New Residential Mortgage LLC
  • Bronze: J.P. Morgan Chase Bank



Clients servicing between 75,000 and 199,999 Freddie Mac mortgages

  • Gold: PennyMac Corp
  • Silver: Amerihome Mortgage Company, LLC
  • Bronze: PHH Mortgage Corporation



Clients servicing between 20,000 and 74,999 Freddie Mac mortgages.

  • Gold: PrimeLending A Plains Capital Co
  • Silver: CMG Mortgage, Inc
  • Bronze: Specialized Loan Servicing, LLC



SHARP is a rewards program based on a Servicer’s Servicer Success Scorecard ranking. Servicers that have more than 20,000 Freddie Mac master-serviced loans are automatically enrolled in SHARP, which provides performance incentives through rewards and recognition. to learn more about the Freddie Mac SHARP program.

About Freddie Mac

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, investors, and taxpayers. Learn more at , Twitter , and Freddie Mac’s blog .

MEDIA CONTACT:

Chad Wandler

703-903-2446



EN
17/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Freddie Mac

 PRESS RELEASE

Mortgage Rates Drop

Mortgage Rates Drop MCLEAN, Va., Sept. 11, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.35%. “The 30-year fixed-rate mortgage fell 15 basis points from last week, the largest weekly drop in the past year,” said Sam Khater, Freddie Mac’s Chief Economist. “Mortgage rates are headed in the right direction and homebuyers have noticed, as purchase applications reached the highest year-over-year growth rate in more than four years.” News Facts The averaged 6.35% as of September 11, 2025, down fro...

 PRESS RELEASE

Freddie Mac Prices Approximately $707 Million Securitization of Re-Per...

Freddie Mac Prices Approximately $707 Million Securitization of Re-Performing Loans MCLEAN, Va., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the pricing of its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2025—a securitization of approximately $707 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans (RPLs). The SCRT program is a fundamental part of Freddie Mac's seasoned loan offerings which reduce less-liquid assets in its mortgage-related investments portfoli...

 PRESS RELEASE

Mortgage Rates Tumble

Mortgage Rates Tumble MCLEAN, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.50%. “Mortgage rates continue to trend down, increasing optimism for new buyers and current owners alike,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding. In fact, the share of market mortgage applications that were for a refinance reached nearly 47%, the highest since October.” News Facts The ...

 PRESS RELEASE

Mortgage Rates Tick Down

Mortgage Rates Tick Down MCLEAN, Va., Aug. 28, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.56%. “Mortgage rates are at a 10-month low,” said Sam Khater, Freddie Mac’s Chief Economist. “Purchase demand continues to rise on the back of lower rates and solid economic growth. Though many potential homebuyers still face affordability challenges, consistently lower rates may provide them with the impetus to enter the market.” News Facts The averaged 6.56% as of August 28, 2025, down from last we...

 PRESS RELEASE

Freddie Mac Issues Monthly Volume Summary for July 2025

Freddie Mac Issues Monthly Volume Summary for July 2025 MCLEAN, Va., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its for July 2025, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch