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Freedom Mortgage Corporation Adds Commercial Real Estate Lending Division

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Mount Laurel, NJ - June 6, 2013 - Freedom Mortgage Corporation, one of the largest residential mortgage origination and servicing companies in the nation, has launched a commercial real estate lending division. This new division will be based in New York and managed by outstanding industry veterans, Mary Davenport, Nichole Kim and Shawn Townsend. Initially, they will focus on first mortgage originations from $2-10 million in size for CMBS execution.

I am thrilled to join Freedom Mortgage and build this new division along with two such talented colleagues. Nichole and Shawn add tremendous value to our team, said Davenport.

Mary Davenport joins Freedom Mortgage after a three - year affiliation with RBS Securities, and her role as a Partner and Portfolio Manager for Vertical Capital. Nichole Kim comes to Freedom after three years at Rialto Capital. Her background includes working as an originator for Nomura and CSFB. In addition, Nichole purchased CMBS and REIT securities for TIAA-CREF. Shawn Townsend was most recently Managing Partner at Velocity Advisors, and prior to that Head of Capital Markets at Gramercy Capital and earlier at Nomura, JP Morgan and Oasis Real Estate Partners.

Freedom Mortgage Corporation, a privately held, mortgage lender of VA, FHA and Conventional Loans headquartered in Mount Laurel, NJ and licensed in all 50 states, has been helping homeowners since 1990. In Q1 2013, Freedom Mortgage was listed the #3 GNMA issuer nationwide with a $24+ billion portfolio and nine operation centers nationwide. As the company's unprecedented growth continues so does the company's priority to keep privacy and regulatory affairs in the forefront with Freedom Mortgage exceeding the compliance standards imposed by its regulators. Freedom Mortgage is proud to be a member of both the Mortgage Bankers Association and the National Association of Mortgage Brokers.

About Freedom Mortgage

Freedom Mortgage is a non-bank, full-service mortgage company that provides mortgage loan servicing and originations through retail, wholesale, and correspondent channels. As the nation's fifth largest mortgage provider, licensed in all 50 states, Freedom Mortgage is renowned for providing world-class service to its clients, borrowers and partners. The company was founded in 1990 and is headquartered in Mount Laurel, New Jersey.

Forward-Looking Statements

Freedom Mortgage Corporation is a privately held company. This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected benefits to consumers from using Freedom Mortgage Corporation's services. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of risks and uncertainties. Any forward-looking statements in this release are based on limited information currently available to Freedom Mortgage Corporation, which is subject to change, and Freedom Mortgage Corporation will not necessarily update the information.

CORPORATE CONTACT
Audrey Shapiro
Freedom Mortgage Corporation
856-380-9073
public.relations@freedommortgage.com

PRESS CONTACT
Jim Hennessy
Strategic Vantage Marketing & Public Relations
858-774-0201
JimHennessy@StrategicVantage.com

Media inquiries


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Reach us at the email below

Public.Relations@FreedomMortgage.com

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Recent Press Releases


HONORS

March 7, 2022


Freddie Mac Honors Freedom Mortgage for Superior Loan Servicing for 6th Straight Year

Company acknowledged for outstanding customer service and positive efforts to prevent and alleviate loan delinquencies

HONORS

March 7, 2022


Fannie Mae Honors Freedom Mortgage with STAR Performer Award, 6th Year in a Row

Recognized in General Servicing for Excellence in 2021, Helping Americans Become Homeowners While Providing Exceptional Customer Service and Industry Best Practices

INITIATIVES

March 1, 2022


Freedom Mortgage Corporation Accepting Submissions for 3rd Annual Celebrate Freedom Award Contest

Company will recognize one hero – a service member, veteran, first responder or healthcare worker during 2022 WaWa Welcome America Festival in Philadelphia on July 4

NEWS

February 28, 2022


Freedom Mortgage Remains Nation’s Top VA and FHA Lender

Company led nation in serving veterans and underserved borrowers for second year in a row in 2021, according to Inside Mortgage Finance ranking

Awards

February 9, 2022


Freedom Mortgage Corporation Honored With 2022 National Top Workplaces USA Award

Energage’s award recognizes exemplary companies across the country, Freedom Mortgage ranked #21 under companies with more than 2,500+ employees