iFreedom Direct Corporation

On August 25th, 2015
iFreedom Direct Corporation (“iFreedom”) first received information about a
complaint filed by Pam O[redacted] with the Revdex.com. The RevDex.com indicates that Ms. O[redacted] filed her complaint on July 13th,
2015; however, iFreedom has no record of this...

complaint until now. Regardless
of this discrepancy, iFreedom would like to respond.
Ms. O[redacted] is not a customer of
iFreedom; rather, she sold a home to an iFreedom customer in July, 2015. As
part of that sale, iFreedom originated a loan to allow the customer to purchase
the home. That loan has closed. As various federal and state laws prohibit
iFreedom from sharing non-public personal information about its customers (and
because iFreedom takes these obligations seriously), iFreedom cannot and will
not use such information to rebut Ms. O[redacted]’ claims. iFreedom contests Ms.
O[redacted]’ version of events. An accurate reporting of the facts would show her
claims to be unfounded.  
iFreedom has no reason to
complicate loan transactions needlessly. In this case, the iFreedom closed the
loan when the company could do so in compliance with law, and the company’s
established underwriting and policy standards.