Mortgage subservicer Dovenmuehle Mortgage, Inc., received a Tier 1 rating from the U.S. Department of Housing and Urban Development (HUD) for its Federal Housing Administration (FHA) servicing performance under HUD’s Tier Ranking System II (TRS II).

The TRS II assigns an “A” grade to Tier 1 performers after assessing servicers across several performance areas, including early delinquency intervention and single-family default monitoring system reporting.

“We take pride in receiving HUD’s Tier 1 rating, as it demonstrates our team’s dedication to high standards in FHA servicing,” Dovenmuehle Senior Vice President of Default Administration Ron Malik said in a release. “This rating not only reaffirms our team’s commitment to supporting FHA borrowers to help them preserve homeownership during periods of financial difficulties but also reflects our solid compliance practices and disciplined approach to loan servicing. These efforts safeguard our clients’ assets and the taxpayer-supported FHA insurance fund.”

The designation recognized Dovenmuehle’s success in meeting FHA standards related to delinquent loan servicing, foreclosure prevention, loss mitigation and reporting requirements. A critical factor in achieving the Tier 1 rating was Dovenmuehle’s 100 percent loss mitigation engagement score

The TRS II Scorecard is issued quarterly by HUD.

Dovenmuehle, based in Lake Zurich, Ill., is a mortgage subservicer for commercial banks, credit unions, independent mortgage lenders, mortgage servicing rights investors and state housing finance agencies. The company subservices portfolio loans, and loans sold with servicing retained to Fannie Mae, Freddie Mac, Ginnie Mae and the Federal Home Loan Bank.