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PHH Mortgage Receives 2024 Fannie Mae Star Performer Award for Servicing Excellence

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PHH Mortgage, a subsidiary of Onity Group Inc. (NYSE: ONIT), has received the Fannie Mae STAR Performer recognition in the General Servicing category for 2024, marking their fourth consecutive year of achievement. The award evaluates servicers on metrics including General Servicing, Solution Delivery, and Timeline Management.

As of December 31, 2024, PHH managed approximately 1.4 million loans with a total unpaid principal balance exceeding $300 billion on behalf of about 4,000 investors and 125 subservicing clients. The company's servicing portfolio encompasses forward, reverse, business purpose residential, and small-balance commercial mortgages.

PHH Mortgage, una filiale di Onity Group Inc. (NYSE: ONIT), ha ricevuto il riconoscimento di Fannie Mae STAR Performer nella categoria Servizi Generali per il 2024, segnando il quarto anno consecutivo di successi. Il premio valuta i servitori su metriche che includono Servizi Generali, Consegna delle Soluzioni e Gestione dei Tempi.

Al 31 dicembre 2024, PHH gestiva circa 1,4 milioni di prestiti con un saldo principale non pagato totale superiore a 300 miliardi di dollari per conto di circa 4.000 investitori e 125 clienti di subservicing. Il portafoglio di servizi dell'azienda comprende mutui residenziali tradizionali, mutui inversi, mutui per scopi commerciali e mutui commerciali di piccole dimensioni.

PHH Mortgage, una subsidiaria de Onity Group Inc. (NYSE: ONIT), ha recibido el reconocimiento de Fannie Mae STAR Performer en la categoría de Servicios Generales para 2024, marcando su cuarto año consecutivo de logros. El premio evalúa a los prestadores en métricas que incluyen Servicios Generales, Entrega de Soluciones y Gestión de Tiempos.

Al 31 de diciembre de 2024, PHH gestionaba aproximadamente 1.4 millones de préstamos con un saldo principal no pagado total que supera los 300 mil millones de dólares en nombre de aproximadamente 4,000 inversores y 125 clientes de subservicing. El portafolio de servicios de la empresa abarca hipotecas residenciales convencionales, hipotecas inversas, hipotecas de propósito comercial y hipotecas comerciales de pequeño saldo.

PHH 모기지Onity Group Inc. (NYSE: ONIT)의 자회사로서 2024년 일반 서비스 부문에서 Fannie Mae STAR Performer 인정을 받았으며, 이는 4년 연속 성과를 의미합니다. 이 상은 일반 서비스, 솔루션 제공 및 일정 관리와 같은 지표를 기준으로 서비스 제공자를 평가합니다.

2024년 12월 31일 기준으로 PHH는 약 140만 건의 대출을 관리하고 있으며, 총 미지급 원금 잔액은 3천억 달러를 초과하고 있습니다. 이는 약 4,000명의 투자자와 125명의 서브서비스 고객을 위해 관리됩니다. 회사의 서비스 포트폴리오는 일반, 역모기지, 사업 목적의 주택 모기지 및 소액 상업 모기지를 포함합니다.

PHH Mortgage, une filiale de Onity Group Inc. (NYSE: ONIT), a reçu la reconnaissance de Fannie Mae STAR Performer dans la catégorie des Services Généraux pour 2024, marquant ainsi sa quatrième année consécutive de réussite. Ce prix évalue les prestataires sur des critères tels que les Services Généraux, la Livraison de Solutions et la Gestion des Délais.

Au 31 décembre 2024, PHH gérait environ 1,4 million de prêts avec un solde principal impayé total dépassant 300 milliards de dollars pour le compte d'environ 4 000 investisseurs et 125 clients de sous-traitance. Le portefeuille de services de l'entreprise comprend des prêts résidentiels traditionnels, des prêts inversés, des prêts à but commercial et des prêts commerciaux de faible montant.

PHH Mortgage, eine Tochtergesellschaft von Onity Group Inc. (NYSE: ONIT), hat die Auszeichnung als Fannie Mae STAR Performer in der Kategorie Allgemeine Dienstleistungen für 2024 erhalten, was das vierte aufeinanderfolgende Jahr des Erfolgs markiert. Der Preis bewertet Dienstleister anhand von Kennzahlen wie Allgemeine Dienstleistungen, Lösungsbereitstellung und Zeitmanagement.

Zum 31. Dezember 2024 verwaltete PHH etwa 1,4 Millionen Kredite mit einem gesamten unbezahlten Hauptsaldo von über 300 Milliarden Dollar im Namen von etwa 4.000 Investoren und 125 Subservicing-Kunden. Das Dienstleistungsportfolio des Unternehmens umfasst Vorwärts-, Rückwärts-, geschäftliche Wohn- und Kleinkredite.

Positive
  • Received prestigious Fannie Mae STAR Performer recognition for 4th consecutive year
  • Services 1.4M loans worth over $300B
  • Large client base of 4,000 investors and 125 subservicing clients
  • Diverse mortgage servicing portfolio including forward, reverse, and commercial loans
Negative
  • None.

Recognized for the fourth consecutive year

WEST PALM BEACH, Fla., March 06, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae’s 2024 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition in the General Servicing category. PHH has earned STAR Performer recognition for four consecutive years.

“We are honored to be recognized again by Fannie Mae for excellence in mortgage servicing, and we want to thank our team for their hard work and dedication toward maintaining superior operational performance and creating positive outcomes for our customers,” said Scott Anderson, Executive Vice President and Chief Servicing Officer of PHH Mortgage. “We have built a servicing platform that delivers industry-leading performance, supported by an experienced team with a customer-first focus and innovative technology solutions. We are proud of the work we do for our customers, clients, investors and the housing industry, and we look forward to continuing to deliver on our commitments to all those we serve.”

STAR Performer recognition is reserved for top performing servicers. For 2024, STAR Program participants are measured on the basis of their performance managing General Servicing (Transition to 60+ and Investor Reporting Score), Solution Delivery (60+ to Cure, Retention Efficiency, Liquidation Efficiency, and Six-Month Modification Performance), and Timeline Management (Transition to Beyond Time Frame). Each servicer’s performance in these metrics is compared against the performance of other Fannie Mae loans with similar credit characteristics.

PHH serviced or subserviced approximately 1.4 million loans with a total unpaid principal balance of more than $300 billion on behalf of approximately 4,000 investors and 125 subservicing clients as of December 31, 2024. The Company’s extensive servicing capability includes forward, reverse, business purpose residential and small-balance commercial mortgages.

About Onity Group

Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India and the Philippines, and have been serving our customers since 1988. For additional information, please visit onitygroup.com.

For Further Information Contact:

Dico Akseraylian, SVP, Corporate Communications
(856) 917-0066
mediarelations@onitygroup.com


FAQ

What achievement did PHH Mortgage receive from Fannie Mae in 2024?

PHH Mortgage received Fannie Mae's 2024 STAR Performer recognition in the General Servicing category, marking their fourth consecutive year winning this award.

How many loans does PHH Mortgage (ONIT) service as of December 2024?

As of December 31, 2024, PHH Mortgage services approximately 1.4 million loans with a total unpaid principal balance exceeding $300 billion.

What criteria are evaluated for Fannie Mae's 2024 STAR Program?

The 2024 STAR Program evaluates servicers on General Servicing, Solution Delivery, and Timeline Management metrics, comparing performance against similar Fannie Mae loans.

How many investors and subservicing clients does PHH Mortgage (ONIT) serve?

PHH Mortgage serves approximately 4,000 investors and 125 subservicing clients as of December 31, 2024.
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