Union Home Mortgage Named Winner of Potential RISE Awards by Freddie Mac | news

STRONGSVILLE, Ohio–(BUSINESS WIRE)–Aug. June 2022–

Union Home Mortgage (UHM), a high-growth independent mortgage lender with a world-class culture, announced today that Freddie Mac has named the company a 2022 Home Possible RISE Awards winner in the Largest Volume category.

The Home Possible Recognizing Individuals for Sustained Excellence (RISE) Awards, now in its fifth year, is an annual program celebrating excellence in making Freddie Mac Home Possible mortgage loans, which are loans that flexible options and down payments as low as 3% offer responsibly increasing homeownership opportunities for very-low to low-income borrowers. The Largest Volume category is reserved for the top originators among national and local organizations that produce and/or aggregate the highest number of home positive mortgages. UHM received top honors from regional institutions for the volume of home scene mortgages it issued in 2021.

“Union Home Mortgage is committed to making home ownership a reality for individuals and families living in our communities,” said Bill Cosgrove, President and CEO of Union Home Mortgage. “We are proud to be recognized by Freddie Mac as winners of the Home Possible RISE Awards for our efforts to improve access to mortgages for borrowers who are too often underserved by traditional lending institutions. By making responsible mortgage access more inclusive, UHM is leveling the playing field and expanding opportunities for creditworthy individuals across our footprint to achieve their dream of home ownership.”

Freddie Mac bought more than 130,000 Home Possible mortgage loans in 2021. Since 2015, the organization has enabled home ownership for over 643,000 families by purchasing more than $126.5 billion in Home Possible loans.

Freddie Mac will honor UHM and the other Home Possible RISE Awards winners at the FreddieMacCONNECT Virtual Conference September 20-21.

About Union Home Mortgage

Union Home Mortgage Corp. (UHM) is a fast-growing, independent, full-service retail, wholesale and personal mortgage lending company with more than 150 offices across the United States. UHM has been recognized as a Top Workplace seven years in a row. With a world-class culture that differentiates itself in the mortgage industry, UHM Partners (employees) are guided by a code of conduct that emphasizes respect, open communication and accountability. UHM is an approved direct lender of Fannie Mae, Freddie Mac, FHA, VA, USDA and other compliant and non-QM lending products with over $13 billion in responsible lending annually.

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CONTACT: Kaila Taton, 440-863-3212

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KEYWORD: OHIO UNITED STATES NORTH AMERICA

INDUSTRY KEY WORD: FINANCE BANKING PROFESSIONAL SERVICES HOUSING & REAL ESTATE CONSTRUCTION & REAL ESTATE

SOURCE: Union Home Mortgage

Copyright Business Wire 2022.

PUB: 06/14/2022 10:00 / DISC: 06/14/2022 10:02

http://www.businesswire.com/news/home/20220614005713/en

Copyright Business Wire 2022.

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