STAR Program Drives Improved Customer Service and Foreclosure Prevention Outcomes Today, Fannie Mae (OTC Bulletin Board: FNMA) announced Servicer Total Achievement and Rewards(TM) (STAR(TM)) Program Performance Scorecard results for year end 2011. The STAR Program was created to establish standards and recognize excellence among Fannie Mae servicers in their overall performance, customer service, and foreclosure prevention efforts. Encouraging servicer achievement through the STAR Program is an important component of Fannie Mae's overall efforts to prevent foreclosures and stabilize neighborhoods. Overall STAR performance rankings are issued on an annual basis each April. These rankings reflect a combination of the program's two methods for evaluating participating servicers: operational assessments and annual Performance Scorecard results. Fannie Mae will publish overall 2011 STAR Program annual results incorporating both elements in April 2012. "Servicers in the STAR Program are changing their approach to managing Fannie Mae loans, assisting homeowners, and measuring success," said Tara Malone, Vice President of Servicer Review and Measurement, Fannie Mae. "We're pleased to report significant improvements in performance for some of our servicers over the course of 2011. Servicers have increased their focus on areas of key importance for helping Fannie Mae manage losses and prevent foreclosures, which should drive improved STAR performance in 2012." For 2011, the following servicers have produced results on the STAR Performance Scorecard at or above median levels relative to peers: -- Peer Group One (consisting of 11 servicers) - CitiMortgage, Inc., EverBank, GMAC Mortgage, LLC (Ally Bank), JP Morgan Chase, and Wells Fargo Bank, NA -- Peer Group Two (consisting of 9 servicers) - Aurora Bank, FSB, Central Mortgage Company, Fifth Third Bank, HSBC Mortgage Corporation, The Huntington National Bank, and Regions Bank -- Peer Group Three (consisting of 13 servicers) - American Home Mortgage Servicing, Inc., Arvest Mortgage Company, Associated Bank, NA, Capital One, N.A., Colonial Savings, F.A., Doral Bank, M&T Bank, Nationwide Advantage Mortgage Co., Navy Federal Credit Union, Third Federal Savings and Loan, Branch Banking & Trust, and Sovereign Bank, a FSB For the second half of 2011, PHH Mortgage Corporation demonstrated significant performance improvements and achieved at or above median levels compared to peers. Currently, we review thirty-three servicers as full participants of the STAR program. STAR will expand in 2012 to review and assess additional servicers based on updated participation criteria. As a result, peer groupings will change and opportunities for recognition under the program will continue. STAR Scorecard results for the previous quarters in 2011 may be found at: Fannie Mae Releases Servicer Ratings for First Half of 2011 [http://www.fanniemae.com/portal/about-us/media/corporate-news/2011/5496.html ] Fannie Mae Releases Additional Servicer Results for First Half of 2011 [http://www.fanniemae.com/portal/about-us/media/corporate-news/2011/5524.html ] Fannie Mae Releases Servicer Results for Q3 2011 [http://www.fanniemae.com/portal/about-us/media/corporate-news/2011/5587.html ] Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America. Follow us on Twitter: http://twitter.com/FannieMae SOURCE: Fannie Mae CONTACT: Andrew Wilson +1-202-752-5168; Resource Center: +1-800-732-6643