District of Columbia
WASHINGTON, December 15, 2011 -
Fannie Mae (OTC Bulletin Board: FNMA) priced its eighth Multifamily DUS REMIC in 2011 totaling $513 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on December 13, 2011.
WASHINGTON, December 15, 2011 -
- STAR Program Drives Improved Customer Service and Foreclosure Prevention Outcomes; Several Servicers Make Strides in Third Quarter
Today, Fannie Mae(OTC Bulletin Board: FNMA) announced Servicer Total Achievement and Rewards (STAR) Program results through the third quarter of 2011. The STAR program, announced in February 2011, measures the performance of servicers with an emphasis on foreclosure prevention. Encouraging servicer improvements through the STAR Program is an important component of Fannie Mae's overall efforts to prevent foreclosures and stabilize neighborhoods.
"The STAR program evaluates servicers' capabilities and results and holds them accountable for preventing foreclosures and protecting the interests of American taxpayers," said Tara Clayton, Vice President of Servicer Review and Measurement, Fannie Mae. "STAR is making a difference when it comes to increasing servicers' focus on areas of critical importance to homeowners, Fannie Mae, and the market."
Servicers are categorized into three peer groups based on the number of Fannie Mae loans they service and measured based on performance metrics and results from operational assessments across key business processes. As of the end of the third quarter, the following servicers are on track to be at or above median performance in order to achieve at least a three STAR rating for 2011:
Peer Group One (consisting of 11 servicers) - CitiMortgage, Inc., Everbank, GMAC Mortgage, LLC (Ally Bank), Wells Fargo, N.A.
WASHINGTON and INGELHEIM, Germany, December 7, 2011 -
Three winners whose solutions are tackling today's most pressing health problems have emerged from Making More Health: Achieving Individual, Family and Community Well-being, a competition hosted by Ashoka Changemakers and Boehringer Ingelheim, one of the world's 20 leading pharmaceutical companies.
Consumer Concerns Stabilize in November; Downward Slide of Consumer Sentiment Appears to Have Halted
WASHINGTON, December 7, 2011 -
- Home Price Expectations Improve While Other Indicators Show Little Change in Trend
Amid a spate of positive economic news during the November survey period, consumer sentiment appears to have stabilized from previous levels, with only incremental improvement in the deeply negative housing market sentiment witnessed this summer.
KINSHASA, Democratic Republic of Congo, December 5, 2011 -
With tensions on the rise and mounting concerns about the lack of transparency around official vote tallies, FreeFair DRC calls on the Roman Catholic Church and other international organisations with election observation programmes to release their data.
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