This transaction has netted Fannie Mae over $400 million in income to date. He was responsible for negotiating the $7.1 billion loan for the acquisition of Archestone, which remains the largest commercial real estate loan ever closed. David helped to increase the multifamily debt portfolio from $110 billion to $200 billion while keeping delinquencies and losses to a minimum and dramatically increasing the returns of shareholders. David was recruited to Fannie Mae to serve as the Chief Risk Officer for the multi-family division, where he was responsible for leading a group of over 150 employees. – During his tenure at Fannie Mae, David Worley was able to build a world class Risk Management infrastructure, gathering accolades from the company and its regulators. This division contained ten distinct businesses, many of which were number one or two in league table rankings, and consistently generated ROA’s and ROE’s in high percentages. David has had a highly progressive and fruitful career at two major financial institutions, Fannie Mae and Wachovia, where he was consistently recognized for not only meeting goals, but exceeding them as well.įrom the early 1990 to early 2000s, David Worley Fannie Mae worked at Wachovia, where he was a leader and one of three co-founders of a large group of senior-level professionals for the most successful division within the company. He has exceptional skills at executing complex financial programs, workouts and negotiations, and over the years, he’s built numerous highly successful businesses with high levels of returns. . He is known for his ability to effectively lead and achieve results David exceeds at creating, launching and executing complex financial products, market conditioning, market placement, and positioning. David is known as a dynamic leader and an exceptional people manager who achieves outstanding results by recruiting and motivating teams.

Over the course of his 30+-year career, he’s worked as an executive in capital markets and financial services. A three-star designation is the highest rating achieved by any servicer under the STAR TM program for performance.David Worley Fannie Mae is a retired financial executive based in Charlotte, North Carolina and Dallas, Texas. Regions' three-star designation was achieved by receiving a score greater than the median score of 50 on the Performance Scorecard and by achieving an overall Green rating on the Operational Assessments. 'We are excited to earn this recognition by Fannie Mae, as we feel that it reflects our true commitment and dedication of service to our customers, especially during a difficult economic period,' says Morgan McCarty, Director of Mortgage Servicing. The servicers recognized are implementing effective, standardized processes that help drive improved performance and operations success. Regions Bank is one of two (out of a peer group of 13 -15) to receive a STAR TM designation for 2012 to date.Īccording to Leslie Peeler, senior vice president of the National Servicing Organization, Fannie Mae wants servicers to be responsive to homeowners who are struggling and work with them to prevent as many foreclosures as possible. The STAR TM program measures several key operational and performance areas relative to mortgage servicing peers and acknowledges their achievement through STAR TM designation. Regions also earned a three-star designation for the 2011 program year.įannie Mae created the STAR TM program to establish standards and recognize excellence among servicers for overall performance, customer service and foreclosure prevention efforts.

Fannie Mae recently recognized Regions Mortgage Servicing as a Servicer Total Achievement and Rewards (STAR TM) performance recipient for the first half of 2012.

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