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Freedom Mortgage Corporation Continues to Emphasize Growth

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Milestone Year off to a Strong Start


Mount Laurel, NJ – May 13, 2015 – Freedom Mortgage Corporation, a privately held, full-service non-bank mortgage lender licensed in all 50 states, continues to increase volume. The company is now among the top ten largest mortgage lenders in the United States.

Volume continues to grow in our Correspondent, Wholesale and Retail channels and business is emerging from our newer initiatives; Servicing, Commercial Real Estate, Financial Institutions Partners Group and Small Business Lending, said Freedom Mortgage CEO Stanley C. Middleman. Interest rates and other variables shift production, so each of our channel platforms is engineered to scale to volume needs. We continue to invest in our technology and support functions for best in class performance, sharper pricing and national growth, he said.

This year marks 25 years of operations for Freedom Mortgage (1990  2015). The year is off to a strong start with 500 new positions elevating employee count to over 3000 nationwide. The company is also making historical strides internally by shattering ambitious volume goals in originations and funding.

Freedom Mortgage is interested in creating opportunities for our employees, company, business partners, investors, and especially our customers, Middleman said. It has been our formula for success, to responsibly foster homeownership while planning for what's next as our industry continues to evolve, noted Middleman. We are always on the lookout for companies wishing to work with us or to join us and benefit from our size, scope and employee-centric environment, he said.

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.

Media Inquiries


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Contact the general PR mailbox: Public.Relations@FreedomMortgage.com or

Ellen Longo, Vice President of Public Relations: Ellen.Longo@FreedomMortgage.com (609-678-0968)

Recent Press Releases


March 7, 2024


Freedom Mortgage Wins Fannie Mae STAR Performer Award for 8th Year in a Row

Company is recognized again as a top-performing mortgage servicer in 2023

Learn More

March 1, 2024


Freedom Mortgage Corporation Proud to Launch 5th Annual Celebrate Freedom Award Contest

One hero - a service member, veteran, first responder or healthcare worker - will be recognized with $10,000 by Freedom Mortgage on Fourth of July in Philadelphia

Learn More

January 22, 2024


Freedom Mortgage Wraps Up a Solid 2023

Despite another year of high interest rates, nationwide mortgage lender saw steady loan production and continued to expand its philanthropic efforts

Learn More
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Recent Press Releases


Awards

March 7, 2024


Freedom Mortgage Wins Fannie Mae STAR Performer Award for 8th Year in a Row

Company is recognized again as a top-performing mortgage servicer in 2023

INITIATIVES

March 1, 2024


Freedom Mortgage Corporation Proud to Launch 5th Annual Celebrate Freedom Award Contest

One hero - a service member, veteran, first responder or healthcare worker - will be recognized with $10,000 by Freedom Mortgage on Fourth of July in Philadelphia

INITIATIVES

January 22, 2024


Freedom Mortgage Wraps Up a Solid 2023

Despite another year of high interest rates, nationwide mortgage lender saw steady loan production and continued to expand its philanthropic efforts

INITIATIVES

November 1, 2023


Freedom Mortgage Corporation Launches Its Annual Holiday Toy Fundraising Campaign

Join the company and its employees' Nov. 1 - 28, to provide holiday gifts for children across the country through Toys for Tots, the Salvation Army, and the Children’s Hospital of Philadelphia

Awards

October 18, 2023


Freedom Mortgage Receives National Top Workplaces Culture Excellence Awards

In addition to being identified as a top place to work nationwide, Freedom Mortgage wins in Employee Well-Being and Professional Excellence