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Freedom Mortgage hires six new executives to accommodate expansion

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 Corporation is a national, full service mortgage banker with retail, wholesale, correspondent and commercial origination and servicing operations. The company is licensed in all 50 states, DC and Puerto Rico. Freedom Mortgage maintains an A rating with the Better Business Bureau and is known for using the most advanced technologies and 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 visitwww.FreedomMortgage.com.

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