Ewing NJ – Cenlar was recognized as a highest performing servicer by Fannie Mae for 2018 in both categories in which we were eligible – Fannie Mae’s Solution Delivery STAR and the General Servicing STAR – earning two out of two stars.
Fannie Mae’s STAR Program (Servicer Total Achievement and Reward) is an award given to top-performing servicers in the areas of general servicing, solution delivery, and timeline management. Winners are chosen for their commitment to continuous improvement and dedication to consistently raising the bar. Cenlar has received the STAR Performer award for the third year in a row, adding an additional star this year.
“We are thrilled to receive this recognition for our servicing accomplishments,” said Cenlar’s Chairman of the Board and CEO Gregory S. Tornquist. “This honor is proof we are committed to our clients and driven by their success.”
Specifically, STAR performers are chosen using operational assessment results based upon servicer capability model and ratings across key functional areas, including a review of relevant strategies, processes, and applicable metrics.
Cenlar FSB, an employee owned company headquartered in Ewing, New Jersey, is ranked among the nation’s top residential mortgage subservicers. For more information about Cenlar, visit www.cenlar.com