Company adds to financial operations and commercial lending division
Mount Laurel, NJ – July 18, 2014 – Freedom Mortgage Corporation, a privately held, full-service mortgage lender licensed in all 50 states, has appointed six new executives. Five of the new hires will be working in the company’s growing commercial lending division, while one has been hired to the company’s residential mortgage lending division. The company has over 2,000 employees nationwide.
David Firestone, Freedom Mortgage’s new executive vice president of financial operations, will be working on the residential mortgage lending side, and was hired as a key component of Freedom Mortgage’s plans to grow and expand its residential mortgage lending division. He is charged with financial reporting, tax management, analysis and financial administration—responsibilities crucial to the company’s plan to grow the company through acquisition.
Prior to joining Freedom Mortgage, Mr. Firestone was lead partner with Friedman LLP. He is a CPA licensed in New York, New Jersey and Pennsylvania, and having been a consultant to Freedom Mortgage since 2003, he has extensive experience handling the company’s internal accounting, taxes, and other special projects.
The five executives hired in the company’s New York-based commercial division are vice presidents Nerissa Hochenberg and Robert Quinn, who are also senior members of the underwriting and transaction management team; Roger Boone, a loan originator focusing on business development on the east coast; IT Director Ross Aseron; and Senior Product Developer David Porcelli.
Ms. Hochenberg, Mr. Quinn and Mr. Boone are seasoned veterans with 15 to 20 years of mortgage industry experience. Mr. Aseron and Mr. Porcelli have decades of experience in product development, security and support.
- Ms. Hochenberg has held executive roles at National Australia Bank, Dexia Capital Markets, Morgan Stanley and GMACCM.
- Mr. Quinn was formerly an executive with Empire Investment Advisors, New York Life Investment Management and Merrill Lynch.
- Mr. Boone, who has over 15 years of experience, was founder of Gig Capital and co-head of Goldman Sachs Commercial Mortgage Capital.
- Mr. Aseron has more than 20 years of IT experience for private financial services firms.
- Mr. Porcelli was previously in product development with technology provider Taskstream for over 14 years.
"Freedom Mortgage has grown exponentially over the past year, and we expect that growth to continue," said Stanley Middleman, CEO of Freedom Mortgage. "Our new executives have proven skills in fostering and supporting the type of growth that aligns with Freedom’s trajectory. I couldn’t be happier to welcome them all to the team."
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.
Freedom Mortgage Corporation is a privately held company. This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected benefits to consumers from using Freedom Mortgage Corporation’s services. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of risks and uncertainties. Any forward-looking statements in this release are based on limited information currently available to Freedom Mortgage Corporation, which is subject to change, and Freedom Mortgage Corporation will not necessarily update the information.
Audrey Shapiro, Freedom Mortgage Corporation
Jim Hennessy, Strategic Vantage Marketing & Public Relations