A little note from Financial Freedom management about its future and Indymac…

Lender Alert #08-65 

Message from Michael Giampaolo

I want to take this moment to reassure you that Financial Freedom is still in business and is not affected by Indymac’s curtailment of forward mortgage production. In fact, we are actively improving our processes to give you, our business partners, a better customer experience. This includes improvements in customer service, faster turn-times and better pricing.

We value your business and loyalty during these historic changes in the housing market. Most importantly, we believe that our commitment to the reverse mortgage business and to seniors is unmatched. With our specialized team of employees and years of industry leadership, I feel confident saying that we are the right lender to help your business thrive.

To see the most recent communication from Michael Perry, Indymac’s Chairman and CEO, regarding the changes at Indymac and further clarification as it relates to Financial Freedom, please visit our corporate blog at www.theimbreport.com.

Thank you for again for your continued business and support. Please contact your Financial Freedom Relationship Manager should you have any questions.

Sincerely,

Michael Giampaolo

CEO, Financial Freedom Wholesale Channel

Two quick notes:

1. Better pricing – Didn’t you just lower your HECM fixed pricing?
2. CEO – I thought Michelle Minier was Financial Freedom’s CEO… I did confirm there are two CEOs at FF, but Michelle reins supreme. =)

Well, it looks like it’s “Business as Usual” at Financial Freedom…

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