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Fitch Downgrades Financial Freedom’s Reverse Mortgage Servicer Rating

May 21st, 2008  |  by John Yedinak Published in Financial Freedom, News, Reverse Mortgage, Servicers  |  1 Comment

image Financial Freedom cant catch a break… Today, Fitch Ratings has downgraded Financial Freedom Senior Funding Corporation’s (Financial Freedom) residential primary specialty-reverse mortgage servicer rating from RPS3+ to RPS3.

The press release makes it sound like the downgrade has to do with their parent company IndyMac Bank, FSB more so than their loans.  To read the press release click the link below.

Fitch Downgrades Financial Freedom’s Reverse Mtge Svcr Rating; On Watch Negative

Reminder – Join us on Thursday May 22 at 2pm (EST) for tips how to generate positive press in your local neighborhood, presented by the Senior Lending Network. Sign Up Now!


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    Related Posts
  • Financial Freedom’s Servicer Rating Downgraded Even With FDIC Backing
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  • Fitch Lowers Financial Freedom’s Servicer Rating



  • Pauline Kish

    Financial Freedom is an untrustworthy company. I ahve been trying to speak to someone from the company for more than a month……….I am dealing with damage to my house from hurricane Ike and the insurance company has placed both my name and Financial Freedom on the check. Routine, I believe. However, I ahve been trying to speak to a person at the company for four weeks,,,,,,,,,,,,everytime I call I am told “Our systems are down, please call back in ten minutes, one hour, two hours” When ever I try to get further information I am told “I am only the operator, I cant give you any further information”………..Is the company not going to deal with issues? Is it going under? What can I do? Somebody please respond………..thanks, PKish

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