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Freddie Mac Names Tier One Platinum, Gold Servicers

50 Lenders Honored for Superior Investor Reporting, Default Management

McLean, VA – Freddie Mac (NYSE:FRE) today announced that 50 single-family mortgage servicers achieved Tier One Platinum or Tier One Gold performance rankings for superior investor reporting and default management during 2007. The company also inducted 15 servicers into its Tier One Hall of Fame for achieving Tier One status for four consecutive years. Freddie Mac is one of the nation's largest investors in residential mortgages.

"These servicers demonstrated a sustained commitment to exceptional results in one of the most troubled markets in memory," said Ingrid Beckles, vice president of default and asset management for Freddie Mac. "We believe their performance underscores the effort our industry is making to help thousands of troubled borrowers avoid foreclosure while also providing outstanding levels of investor reporting."

Freddie Mac ranks its servicers against monthly performance benchmarks for investor reporting, minimizing credit losses, and helping delinquent borrowers avoid foreclosure. Tier One Platinum rankings are given to larger servicers for attaining at least two quarters of Tier One (superior) performance in Investor Reporting and Default Management in a year. Gold servicers are smaller lenders who achieve a Tier One rating in Investor Reporting for two quarters in a calendar year, a Tier One rating in Default Management based on an averaged annual calculation, and maintain on average at least one seriously delinquent loan per month.

Both Tier One Platinum and Tier One Gold servicers receive a range of financial and professional rewards plus national recognition. Servicers who sustain Tier One Gold and/or Tier One Platinum status for four consecutive years with no material foreclosure timeline penalties are inducted into Freddie Mac's annual Hall of Fame and receive additional incentives.

2007 Tier One Platinum Servicers

The 2007 Tier One Platinum recipients are: Arvest Mortgage Company; Bank of America Consumer Real Estate; Bank of Oklahoma, N.A.; BB&T, Chase; CitiMortgage, Inc.; Countrywide Home Loans, Inc.; Fidelity Bank (Wichita, KS); First Federal Savings Bank (Rochester, IN); First Horizon Home Loan Corporation; Flagstar Bank, FSB; GMAC Mortgage; Greenpoint Mortgage, a subsidiary of Capital One, N.A.; Harris Bank, N.A.; HSBC Mortgage Corporation (USA); M&T Bank; National City Mortgage Co.; PHH Mortgage Corporation; Provident Funding Associates; R-G Mortgage; Sovereign Bank; U.S. Bank Home Mortgage; Wachovia Mortgage Corporation; WaMu and Wells Fargo Home Mortgage.

2007 Tier One Gold Servicers

The 2007 Tier One Gold Servicers include: Associated Bank, N.A.; Bank of Springfield; Busey Bank; Chittenden Trust Company; Citizens Bank of Mukwonago; Dovenmuehle Mortgage Company, L.P.; Elmira Savings Bank; First Federal Bank FSB; First South Bank; Homestar Bank; MFB Financial; Midland Mortgage; Nationwide Advantage Mortgage Company; New York Community Bank; Northwest Bank of Rockford; Oak Mortgage LLC; Orange Savings Bank, SSB; Park National Bank; Republic Bank & Trust Company; Salem Five Mortgage Company, LLC; Security Federal Savings; South Central Illinois Mortgage; The Palmetto Bank; TIB, The Independent Bankers Bank; Ulster Savings Bank and United Bank.

2007 Hall of Fame Inductees

The 2007 Hall of Fame inductees include Bank of America Consumer Real Estate; Bank of Oklahoma, N.A.; Chase; CitiMortgage, Inc; Countrywide Home Loans, Inc.; First Federal Savings Bank (Rochester, IN); First Horizon Home Loan Corporation; HSBC Mortgage Corporation (USA), M&T Bank; National City Mortgage Co.; PHH Mortgage Corporation, Provident Funding Associates; Sovereign Bank; U.S. Bank Home Mortgage and Wells Fargo Home Mortgage.

Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible more than 50 million times, ensuring financing for one in six homebuyers and more than four million renters.

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