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Pandemic’s financial impact was uneven and financial institutions can help

Pandemic’s financial impact was uneven and financial institutions can help

Elevate’s CEO Jason Harvison and SpringFour’s CEO Rochelle Gorey co-authored a piece for LendIt FinTech News on how financial institutions can help consumers who are still struggling in the wake of the pandemic. “Providing (financial) resources should be part of financial institutions’ strategic business strategies in the future. The pandemic exacerbated significant issues lying in wait and revealed how close many are to economic devastation. Financial institutions should design for this reality as an industry, offering products, partnerships, resources, and referrals that improve financial stability in real-time.”

Freedom Mortgage partners with financial wellness tech company

Freedom Mortgage partners with financial wellness tech company

Mortgage Professional America covers the deployment of SpringFour by Freedom Mortgage. Freedom Mortgage has announced that it will continue to provide borrowers free access to financial wellness resources through SpringFour, a social impact fintech company. The mortgage lender partnered with SpringFour to give borrowers who need financial assistance access to online resources such as mortgage assistance programs, financial counseling, and utility savings, and more.

Freedom Mortgage Deploys SpringFour to Offer Borrowers Free Access to Financial Resources Nationwide

Freedom Mortgage Deploys SpringFour to Offer Borrowers Free Access to Financial Resources Nationwide

Freedom Mortgage, one of the largest full-service mortgage companies and the top VA and top FHA (government-insured) lender in the U.S., is providing customers who need financial assistance with easy, free access to nonprofit and government resources through SpringFour. “When emergencies happen, it can be overwhelming and stressful for anyone to pay for their basic needs,” said Stanley C. Middleman, Freedom Mortgage founder and CEO. “In addition to fostering homeownership, we believe in helping our customers any way we can. We’re pleased to offer our customers an easy-to-use online resource with information and programs that can be life-saving in some cases, such as helping a family find food assistance programs or pay for electricity.”