Freedom Mortgage is joining a number of companies that are taking necessary steps to protect their borrowers during the COVID-19 crisis. The company announced that it has suspended residential property foreclosures and evictions. It has also taken steps to help communities as well as its own employees.
"These are very difficult times," said Freedom President and CEO Stanley C. Middleman, in a press release. "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."
Meanwhile, Freedom Mortgage employees have been transitioned to a work-from-home environment but will still provide customer service during regular business hours.
"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," added Middleman. "We are committed to staying on the front lines during this crisis and helping our borrowers in any way we can."
To learn more about Freedom Mortgage's efforts to help customers and protect their employees during the COVID-19 crisis, click here.