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Monthly Archives: March 2011
Paul V. Scott to serve on board of directors for growing Christian school
JACKSONVILLE, Fla. (Mar. 31, 2011) – A local business executive will work to help a local Christian school grow during his tenure on the school’s board of directors. Paul V. Scott, co-founder of Foundation Financial Group, will use his years … Continue reading
Foundation Financial Group on Track for Record Year in Mortgage Originations
One of the nation’s fastest-growing financial services companies is off to a record start for 2011. Amid rising interest rates, Foundation Financial Group reports its February 2011 mortgage originations are up 14.5 percent above those of January 2011. February 2011’s … Continue reading
Foundation Financial gets Freddie Mac approval
Foundation Financial Group said it is now a Freddie Mac-approved mortgage servicing company. In order to become a Freddie Mac loan servicer, the group must meet technology, staffing and training requirements. Freddie Mac’s credit guarantees business purchases, residential mortgages and … Continue reading
Posted in Foundation Financial Group News
Tagged FFG, Foundation Financial, Freddie Mac, home loans, re-fi
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More Than 7,000 First-Month Visitors Register for ‘Funding Your Finances’. Foundation Financial Group to give away two $15,000 grand prize drawings.
Financial services company Foundation Financial Group is experiencing a surge in traffic to its website since launching its “Funding Your Finances” sweepstakes. Since Valentine’s Day, more than 40,000 Web surfers have visited the company’s website, http://www.ffg.com, to learn more about … Continue reading
Foundation Financial Group Closes Record Month for Insurance Services. New division sees tenfold increase in second month of operation.
One of the nation’s fastest-growing financial services companies is finding big success with one of its newest divisions. Foundation Financial Group launched insurance services in January 2011, offering property, casualty and life insurance to its customers. After two months of … Continue reading
Posted in Jacksonville
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FHFA Extends Refinance Program By One Year
Washington, DC – Federal Housing Finance Agency Acting Director Edward J. DeMarco has announced an extension of the Home Affordable Refinance Program (HARP), a refinancing program administered by Fannie Mae and Freddie Mac, to June 30, 2012. The program was … Continue reading
FHA takes steps to bolster capital reserves
WASHINGTON – As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA Commissioner David H. Stevens today announced a new premium structure for FHA-insured mortgage loans increasing its annual mortgage insurance premium (MIP) by a … Continue reading
HUD announced they will award nearly $50 million to boost local economic development and affordable housing programs.
More than 250 communities across the country will be able to increase the economic impact of their local community development and affordable housing programs through nearly $50 million in “capacity-building” grants awarded today by the U.S. Department of Housing and … Continue reading
Foundation Financial Group promotes COO to President. Co-founder Kris S. Williams to play key role as company expands in 2011
JACKSONVILLE, Fla. (Mar 3, 2011) – One of the nation’s fastest-growing financial services companies promotes a key executive as part of its 2011 strategy. Foundation Financial Group ushers co-founder Kris S. Williams into the position of president. Prior to his … Continue reading
Foundation Financial Group appoints Scarrow to new Division General Manager. Financial services group realigns executive management for 2011 expansion plans
CHARLOTTE, N.C. (Mar 3, 2011) – Preparing for its aggressive expansion in 2011, Foundation Financial Group appointed a new division general manager into the financial services company’s growing organization. Effective immediately, Mark J. Scarrow serves as division general manager for … Continue reading