Freedom Mortgage Archives

Ahead of trial date in HMDA case, Freedom Mortgage and CFPB face hurdles

The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding and magistrate judges, respectively, in a case that the regulator brought in widespread violations in its 2020 submission of Home Mortgage Disclosure Act (HMDA) data. The development was first reported by National Mortgage News. The original case was filed [...]read more

Freedom Mortgage founder addresses ’extraordinary’ credit profiles, profitability and products

April 25, 2024 mpsingh No Comments Real estate 30-Year Fixed Mortgage, Addresses, Credit, Extraordinary, Founder, freedom, Freedom Mortgage, HWmember, Mortgage, Products, profiles, profitability

Middleman spoke Wednesday morning during a session at The Gathering, HousingWire‘s annual conference held in Scottsdale, Arizona, when the 30-year fixed mortgage rate for conforming loans reached 7.52%, according to HousingWire’s Mortgage Rate Center. Amid a challenging environment, Freedom has kept its cost structure low and has acquired loans to increase its servicing portfolio. Middleman [...]read moreFreedom Mortgage founder addresses ’extraordinary’ credit profiles, profitability and products