Freddie Mac Approves Foundation Financial Group for Loan Servicing

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.