Government loan leader dedicates staff to offer full range of options to assist customers, including suspending payments and waiving late fees
MOUNT LAUREL, N.J. /PRNewswire/ — Freedom Mortgage, one of the nation’s largest full-service mortgage bankers and a leader in government-insured lending, is offering help to its borrowers who are struggling to make their mortgage payments because of the federal government shutdown.
The shutdown, which began December 18, affects government workers as well as government contractors and vendors. As one of the nation’s largest providers of Government insured loans, there is a significant number of Freedom Mortgage borrowers who have been affected.
“We’re committed to helping all of our customers who may be impacted by the shutdown,” said Stanley C. Middleman, Freedom’s founder and CEO. “If a borrower has stopped receiving a paycheck, we are prepared to do everything we can to help them through this and avoid defaulting on their mortgage. Our hope is to bring some relief to our customers and reduce the immediate burden and impact of the government shutdown on their lives.”
Freedom Mortgage has created a team dedicated to fully evaluating every borrower’s situation and offering a range of assistance. These options may include repayment plans, special payment forbearance and temporary partial payments, in addition to late fee waivers and temporarily suspending the reporting of derogatory credit information.
If you are a Freedom Mortgage customer who has been affected by the government shutdown, please visit www.freedommortgage.com or call Freedom Mortgage at 855-690-5900.
About Freedom Mortgage
Freedom Mortgage is a non-bank, full-service mortgage company that provides mortgage loan servicing and originations through retail, wholesale, and correspondent channels. As the nation’s fifth largest mortgage provider, licensed in all 50 states, Freedom Mortgage is renowned for providing world-class service to its clients, borrowers and partners. The company was founded in 1990 and is headquartered in Mount Laurel, New Jersey. For more information, please visit www.FreedomMortgage.com.
CORPORATE CONTACTS:
Audrey Shapiro
Freedom Mortgage Corporation
856-380-9073
Audrey.Shapiro@FreedomMortgage.com
Shari Senior
Freedom Mortgage Corporation
(856) 712-7034
Shari.Senior@FreedomMortgage.com
PRESS CONTACT:
Henry Drennan
Account Supervisor
Strategic Vantage
(615) 497-8358
HenryDrennan@StrategicVantage.com
SOURCE Freedom Mortgage