Foundation Financial Group was an American

financial service Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...

s company with regional operations centers in

Atlanta Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...

Fort Worth Fort Worth is a city in the U.S. state of Texas and the county seat of Tarrant County, Texas, Tarrant County, covering nearly into Denton County, Texas, Denton, Johnson County, Texas, Johnson, Parker County, Texas, Parker, and Wise County, Te ...

Jacksonville Jacksonville ( ) is the most populous city proper in the U.S. state of Florida, located on the Atlantic coast of North Florida, northeastern Florida. It is the county seat of Duval County, Florida, Duval County, with which the City of Jacksonv ...

, Raleigh, N.C.,

Rochester, New York Rochester is a city in and the county seat, seat of government of Monroe County, New York, United States. It is the List of municipalities in New York, fourth-most populous city and 10th most-populated municipality in New York, with a populati ...

and Savannah, Ga. as well as branch offices in Wichita, KS, St. Paul, MN, Indianapolis, IN, Greenwood, IN, Kansas City, MO, and

Dayton, OH Dayton () is a city in Montgomery County, Ohio, United States, and its county seat. It is the List of cities in Ohio, sixth-most populous city in Ohio, with a population of 137,644 at the 2020 United States census, 2020 census. The Dayton metro ...

. It held mortgage lending licenses in 39+ states. In addition, Foundation Financial Group was a major employer in

and

, Florida.

History

Foundation Financial Group began with the corporate inception of a regional center in

Atlanta, Georgia Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...

in 2004. Later that year, it opened a second regional center in Jacksonville, Florida. In the following years, from 2005 to 2011, Foundation Financial Group expanded to obtain licensing in 39+ states, and retail branch locations. Foundation Financial Group funds more than $4 billion in loans. A mortgage industry-tracking source, www.mortgageStats.com states that Foundation Financial Group grew by 14 percent in 2011, in contrast to the downward trend of other lenders in the same period. Additionally, the mortgage industry-tracking source, mortgagestats.com reports that the top 10 U.S. mortgage lender originations are down almost 21 percent for the same period, while Foundation Financial Group revenue has increased 34.55% since 2009. In 2012, Foundation Financial Group entered a partnership with the Susan G. Komen for the Cure, a national nonprofit that funds breast cancer research. For each 2011 tax return Foundation Financial Group prepared, the company made a donation to Komen for the Cure. The company was closed around 2014.

Services

Foundation Financial Group offered residential

mortgage A mortgage loan or simply mortgage (), in civil law (legal system), civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners t ...

lending and

refinancing Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic ...

, property and

casualty insurance Casualty insurance is a defined term which broadly encompasses insurance not directly concerned with life insurance, health insurance, or property insurance. Casualty insurance is mainly liability coverage of an individual or organization for n ...

for home or auto, as well as

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...

, and

retirement Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ...

services in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. "Character beats skills for 60 new finance jobs at Foundation FInancial Group"
Aug 10, 2012. Retrieved August 13, 2012

References

{{reflist

External links

Inc 500/500 website

Financial services companies established in 2004 Mortgage lenders of the United States Financial services companies of the United States

History

Services

See also

References

External links