Skip to main content

Freedom Mortgage Executes Measures to Deal with Coronavirus

NationalMortgageProfessional.com
Mar 23, 2020
Freedom Mortgage has announced that it has suspended residential property foreclosures and evictions and has taken additional measures to assist customers, communities and employees grappling with the impact of the Coronavirus pandemic

Freedom Mortgage has announced that it has suspended residential property foreclosures and evictions and has taken additional measures to assist customers, communities and employees grappling with the impact of the Coronavirus pandemic.
 
"These are very difficult times," said Freedom Mortgage President and Chief Executive Officer Stanley C. Middleman. "Our company is focused on proactively offering customers options. We aim to bring comfort to those who may be in fear of losing their homes due to the uncertainty and financial hardship caused by the COVID-19 pandemic. We will continue to monitor this situation and provide necessary updates."
 
In addition to protecting its customers, Freedom Mortgage has transitioned its staff nationwide to work from home and will continue to provide customer service during regular business hours. Freedom encourages its customers who are facing hardships to call the company toll-free at (855) 690-5900 for assistance.
 
"At Freedom, we recognize that we provide a valuable service to our economy and our customers. It is our responsibility to do our part to keep the economy whole," said Middleman. "We are committed to staying on the frontlines during this crisis and helping our borrowers in any way we can."

 
Ocwen Financial To Acquire Reverse Mortgage Servicing Platform

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Industry News
Jun 18, 2021
UniteCT Emergency Rental Assistance Succeeds

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

Industry News
Jun 17, 2021
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021
CFPB New Rule Prevents Predatory Lending To Military Service Members

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.

Industry News
Jun 16, 2021
Inventory Begins A Slow Recovery

Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.

Industry News
Jun 16, 2021