Freddie Mac Approves Foundation Financial Group for Loan Servicing

Mar 18, 2011

Foundation Financial Group has been approved as a Freddie Mac mortgage servicing company. Foundation Financial Group's new partnership with Freddie Mac, the government-backed organization that helps American families obtain affordable housing, is a great step for the mortgage side of Foundation Financial Group. "This is an important move for us, as we expand this year," said Foundation Financial Group's Chief Executive Officer Mark W. Boyer. "Freddie Mac offers Foundation Financial Group an additional channel to increase our servicing portfolio." In order to become a Freddie Mac loan servicer, Foundation Financial Group must meet certain technology, staffing and training requirements. One advantage of partnering with Freddie Mac is the ability to help obtain housing for some families who would normally be turned down by conventional mortgage providers.

About the author

NationalMortgageProfessional.com

Link copied

Published

Mar 18, 2011

Analysis and Data

Mortgage Applications Drop As Rates Reach Three-Month High Point

Purchase apps still 13% higher than a year ago, despite latest weekly slide

Mortgage application activity declined last week as interest rates climbed to their highest levels since February, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week that ended May 16, 2025. The MBA’s Market Composite In...

Analysis and Data

U.S. House Price Growth Continues Slowdown

Report finds prices grew at slowest annual rate in 13 years, underscoring housing market ‘rebalancing'

Even as house prices have reached record highs, price growth in the U.S. slowed to its lowest level since 2012. That's according to the April 2025 Home Price Index (HPI) report from First American Data & Analytics, a division of First American Financial Corporation that ...