AG Announces Settlement With Freedom Mortgage

Attorney General Matthew J. Platkin and the Division of Consumer Affairs today announced that Freedom Mortgage, formerly based in New Jersey, has agreed to a $502,000 settlement to resolve allegations that it violated the state’s consumer protection laws in the sale and servicing of mortgages throughout the State and beyond. The allegations stem from the Division’s review of more than 1,400 complaints from around the nation, both obtained through the Better Business Bureau and filed directly with the Division, involving conduct that occurred from January 2015 to June 2022.