Homespire Mortgage announced that it is now an Authorized Dealer / Repairer for Fannie Mae and Freddie Mac.
The Maryland-based mortgage company said becoming an approved provider for government-sponsored businesses was an “important goal” of Homespire’s strategic business plan and a milestone in its continued growth.
With the approval, Homespire will also have access to Fannie and Freddie’s range of mortgage offerings, allowing it to expand its products and service capabilities to reach more borrowers.
“Becoming a mortgage manager allows Homespire to continue a relationship with the borrower and help keep this client on the road, in case they need to refinance their existing loan or buy another home.” said Scott Valletti, vice president of service for Homespire Mortgage. “In addition, and in the spirit of maintaining homeownership for our clients, being a mortgage manager gives Homespire the ability to provide a variety of hardship options to help struggling families stay in their home. their dreams while their situation stabilizes. “
“We are very pleased with this accomplishment and proud to be recognized as a seller / repairer for Fannie Mae and Freddie Mac now,” said Bill Napier, CFO of Homespire Mortgage. “I would like to thank our amazing team and thank them for their constant and dedicated efforts to make it happen.”