Freedom Mortgage Receives STAR Recognition for Second Straight Year
Leading lender recognized by Fannie Mae for excellent servicing performance
Mount Laurel, NJ – April 23, 2019 – Freedom Mortgage Corporation, one of the nation's largest full-service, non-bank mortgage companies and a leader in VA and government-insured lending, has received Fannie Mae's Servicer Total Achievement and Rewards (STAR) Award for the second straight year in General Servicing and for the first year in Solution Delivery.
The STAR Program is a performance management and recognition program that acknowledges companies that demonstrate excellence in mortgage servicing and their ability to assist homeowners. Servicers are measured on the basis of their general servicing performance, roll rates, retention, liquidation efficiency, six-month modification performance and timeline management compared against the performance of other Fannie Mae loans with similar credit characteristics.
Freedom Mortgage is one of the 15 largest mortgage servicers in the U.S. and has grown its servicing business by more than 150 percent over the past two years alone.
"We are thrilled to be recognized by Fannie Mae as a STAR Performer for the second consecutive year," said Freedom Mortgage President Stanley C. Middleman. "At Freedom, we are committed to constantly improve our business processes to create great mortgage experiences for our customers and surpass their expectations. I'm extremely proud of our entire servicing team, who deserve the credit for this recognition by Fannie Mae."
About Freedom Mortgage
Founded in 1990 and headquartered in Mount Laurel, New Jersey, Freedom Mortgage is a full-service mortgage company that provides mortgage loans through retail, wholesale, and correspondent channels. One of the nation's largest loan originators and servicers, the company is licensed in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Freedom Mortgage is a leader in VA mortgage lending and one of the mortgage industry?s largest philanthropic supporters of the USO of Pennsylvania and Southern New Jersey. The company is also renowned for its vibrant work environment where its team members can thrive.
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