Freedom Mortgage is continuing to offer its borrowers free access to nonprofit and government resources through SpringFour, a social impact financial technology (fintech) company.
“When emergencies happen, it can be overwhelming and stressful for anyone to pay for their basic needs,” Freedom Mortgage founder and CEO Stanley Middleman said in a release.
“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.”
The fintech’s self-service financial wellness platform, S4direct, provides access to resources from more than 20,000 local, government, and nonprofit entities in 625 cities across the country. Assistance is available in 30 different categories, including mortgage assistance programs, financial counseling, and utilities savings, Freedom Mortgage stated. Through this cloud-based product, SpringFour delivers resources from the most trusted organizations by utilizing regular updates and a team with extensive experience in social services, community development, and nonprofit work.
Rochelle Gorey, SpringFour co-founder and CEO, said, “We’re proud to partner with Freedom Mortgage on helping their customers access much-needed resources especially during these challenging economic times. By putting their customers’ and communities’ needs first, Freedom Mortgage is showcasing their leadership in the mortgage servicing industry.”