Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.
Tagged: Freedom Mortgage
CFPB proposed an order requiring Freedom Mortgage to pay a $3.95 million penalty
After a prior $1.75 million penalty, the mortgage giant faces another lawsuit over breach of federal requirements and inaccurate data submissions.
Lender provided incentives to Realty Connect and other brokerages in exchange for mortgage referrals.
LoanCare wins $22.6M in countersuit against Freedom Mortgage.
He joins UWM’s Mat Ishbia, Rocket’s Dan Gilbert in pro sports owners’ suites.
Company also launches 4EVER Wholesale campaign to celebrate more than 30 years of serving lenders and brokers.
One of the top VA and FHA lenders* in the nation, empowering brokers, wholesale correspondents, banks, and credit unions with a suite of mortgage products tailored to meet the needs of every borrower. Founded by Stanley C. Middleman in 1990, Freedom Mortgage Wholesale has built a reputation for excellence in support and service, proudly standing alongside the mortgage broker community to foster homeownership in America. At the heart of our success lies our team of highly tenured Account Executives. With an average of 15+ years of industry experience, our Account Executives leverage a deep understanding of regulations and guidelines, enabling them to provide unparalleled support throughout the lending process. They expertly navigate complex scenarios and deliver innovative solutions to enhance overall satisfaction for our partners and their clients. This commitment to excellence extends to our pillared underwriting system that allows for direct access to seasoned underwriters, offering an efficient and hands-on approach to loan approvals. Our process is straightforward, featuring minimal overlays and adhering closely to agency guidelines. Partners can confidently submit loans, knowing that if a loan meets agency criteria, it is likely to meet ours as well. Freedom Mortgage Wholesale, a steadfast supporter of the mortgage broker community for over 30 years, is Historically, Currently, and 4EVER Wholesale. Choose us as your trusted lending partner and experience the difference that comes with our unwavering commitment to your success, now and forever. *Inside Mortgage Finance, Jan. – Jun. 2024
Licensed in: All 50 states, Puerto Rico, Virgin Islands
Area of Focus: VA, FHA, Conventional, Jumbo, USDA