My Blog
Freedom Mortgage Deploys SpringFour to Offer Borrowers Free Access to Financial Resources Nationwide
Freedom Mortgage, one of the largest full-service mortgage companies and the top VA and top FHA (government-insured) lender in the U.S., is providing customers who need financial assistance with easy, free access to nonprofit and government resources through SpringFour. “When emergencies happen, it can be overwhelming and stressful for anyone to pay for their basic needs,” said Stanley C. Middleman, Freedom Mortgage founder and CEO. “In addition to fostering homeownership, we believe in helping our customers any way we can. We’re pleased to offer our customers an easy-to-use online resource with information and programs that can be life-saving in some cases, such as helping a family find food assistance programs or pay for electricity.”
ChicagoInno Start-up to Watch
In 2021, SpringFour was recognized by ChicagoInno as a StartUp to Watch, joining 20 other cutting-edge companies focused on innovation and poised for growth. ChicagoInno said of SpringFour: Chicago fintech startup SpringFour is a social impact company that improves...
Both Banks & Fintechs Blow It With Financial Wellness… What’s Wrong?
The Financial Brand features SpringFour in this important article, which calls on banks to adopt financial wellness solutions that help consumers with their immediate needs, instead of their macro decision making. “With the right support, banks have the means to wholly empower clients to address their financial challenges, seek help, and find ways to reduce their household expenses.” –Rochelle Gorey, Co-Founder and CEO, SpringFour
Elevate and SpringFour Find US Consumers Disproportionately Experienced Financial Impacts of Covid
SpringFour and Elevate have announced the findings of a research study examining the financial effects of the COVID-19 pandemic on American households. The study found that the pandemic’s impact on American households was uneven, and that those who struggled require support beyond what traditional financial institutions provide.
Targeted resources can help families navigate financial insecurity: What we have learned from COVID-19
According to a study by SpringFour and Elevate, the pandemic’s impact on American households was uneven, and those who struggled require support beyond what traditional financial institutions provide. Millions of Americans of all income levels are looking for resources to help them pay for basic needs – with banks’ and financial institutions’ customers requesting more than 5 million referrals for vetted financial resources, including food assistance, employment support, and prescription savings since the pandemic began.
Targeted resources can help families navigate financial insecurity: What we have learned from COVID-19
During the summer of 2021, SpringFour and Elevate’s Center for the New Middle Class collaborated on a research project using data from the Center’s Non-prime tracker survey and SpringFour data on over 5 million referrals to ascertain households’ financial health and stability.
