Jul 29, 2015, 9:00:00 AM GMT
Mount Laurel, NJ – July 29, 2015 – Freedom Mortgage Corporation, a privately held, full-service residential mortgage lender licensed in all 50 states, is pleased to announce its retail expansion of over 40 branches in the western U.S. This is part of the company's strategy to grow its traditional retail lending business.
Freedom Mortgage has achieved significant growth organically and most recently through the acquisition of retail branches in Arizona, California, Hawaii, Nevada, New Mexico, Texas and Utah. This brings the company's current national retail branch count to 100 branches. Employees formerly with Ontario, California-based First Mortgage Corporation recently joined the Freedom Mortgage family, growing the team to over 3,500 mortgage professionals nationwide.
This is an exciting time at Freedom Mortgage. We look forward to cultivating new relationships and fostering homeownership in the U.S. with our exceptional team, products, services and technology, said Stanley C. Middleman, president and CEO of Freedom Mortgage.
We welcome discussions and opportunities with real estate professionals and companies looking to work with or join our growing organization.
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.
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.