May 24, 2019
Reston, VA, May 24, 2019 - Freddie Mac (OTCQB: FMCC) today announced the winners of its Home Possible RISE Awards℠. The annual program, RISE (Recognizing Individuals for Sustained Excellence), salutes Freddie Mac's top clients across multiple categories for excellence with Home Possible® mortgages - Freddie Mac's affordable lending solution for low-to-moderate-income home buyers.
Guidance Residential earned the Home Possible RISE Award℠ for Education and is the #1 Islamic Home Financing Provider in the US. "It is a joy to see the smile on a homeowner's face when they learn that their home awaits their arrival. Changing a family's future by creating sustainable homeownership for people living in this country is what we strive for." Salman Ali, VP of Regional Sales, Mid-Atlantic Region.
"We have proudly served the Muslim American Community and promoted Homeownership for 16 years and we are excited for the recognition we are receiving from Freddie Mac" said Kal Elsayed, CEO and President.
"We are extremely proud of this recognition and the effort of the entire Guidance Team to promote Home Ownership in our communities" said Nick Minardi, SVP and Chief Operating Officer of Guidance Residential. "Our company is focused on the needs of our customers and in doing so has made the home buying process accessible and more transparent for thousands of customers in the past 12 months."
Guidance Residential continues to be a strong supporter of the growth of home ownership through the use of the Home Possible® and Home Possible® Advantage programs.
In 2018, 25% of all production was in these programs. In 2019 we continued this trend with over 26% of productions being in these programs. We would like to commend our top 10 states and their related sales groups for their participation.
- New Jersey
- New York
- North Carolina
The Home Possible RISE Awards℠ combined volume from national Home Possible® and Home Possible® Advantage mortgage options. Lenders must be active Freddie Mac Seller/Servicers, and correspondent lenders and brokers must originate through those Seller/Servicers. Freddie Mac reviewed 2018 data and awarded the top organizations among several categories.
The complete list of the award winners is available at FreddieMac.com/HomePossible/RISE. Follow #HomePossibleRISEawards℠ for photos and additional information.
MORE ABOUT GUIDANCE RESIDENTIAL
Guidance Residential is the leading provider of Islamic home financing in the United States. Since its inception in 2002, Guidance Residential has funded over $5.0 billion in Islamic home financing contracts.
Guidance Residential is a subsidiary of Guidance Financial Group, an international company dedicated to serving the market for Islamic financial products and services. Guidance Financial Group offers unique investment products to institutional investors and financial intermediaries worldwide, and provides financial services to its retail customer base in the United States. The company's commitment to intensive research and development and solid operational support for its products has allowed it to develop unique financial solutions that address unmet needs of the American Muslim market.
Guidance Residential, LLC, (Nationwide Mortgage Licensing System No.2908), 11107 Sunset Hills Rd, Suite 200, Reston, VA 20190 is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act (413-0427); Alabama Consumer Credit (22410); Arizona Mortgage Banker (0923408); Arkansas Mortgage Banker-Broker-Servicer (112069); Colorado Mortgage Company Registration; Connecticut Mortgage Lender (18263); Delaware Lender (022090); District of Columbia Mortgage Dual Authority (MLB2908); Florida Mortgage Lender (MLD656); Georgia Mortgage Lender (17286); Illinois Residential Mortgage Licensee (MB.0006455 11107 Sunset Hills Road, Suite 200, Reston, VA 20190; MB.0006455-001 100 East Roosevelt Rd, Units 44 & 45, Villa Park, IL 60181) licensed by the ILDFPR, James R Thompson Center (JRTC), 100 West Randolph Street, 9th Floor, Chicago, IL 60601, 888-473-4858 (General), 844-768-1713 (Banking Div); Indiana DFI-Mortgage Lending (37408); Kansas Licensed Mortgage Company (MC.0025178); Kentucky Mortgage Company (MC361158 & MC361566); Maryland Mortgage Lender (12927); Massachusetts Mortgage Lender (ML2908); Michigan 1st Mortgage Lender, Broker & Servicer Registrant (FR-0941); Minnesota Mortgage Originator (MN-MO 20320419); Mississippi Mortgage Lender (2908); Missouri Company License (18-2428); New Jersey Licensed Lender (9933648); New York - Licensed Mortgage Banker - New York Department of Financial Services (B500726) (NY location: 171-21 Jamaica Ave, 1st Floor, Jamaica, NY 11432); North Carolina Mortgage Lender (L-112542); Ohio Mortgage Broker Act Mortgage Banker Exemption (MBMB 850079.000); Oregon Mortgage Lender (ML-4145); Pennsylvania - licensed by the Pennsylvania Department of Banking, Mortgage Lender (21050); Rhode Island Lender License (20163318LL); South Carolina BFI Mortgage Lender/Servicer (MLS-2908); Tennessee Mortgage License (109274); Texas SML Mortgage Banker Registrant; Virginia Lender Licensee (MC-2138) licensed by the Virginia State Corporation Commission; Washington Consumer Loan Company (CL-2908); West Virginia Mortgage Lender (ML-36038); Wisconsin Mortgage Banker (46355BA).