Moody’s assigns Freedom B1

Moody's Investors Service said it assigned a B1 corporate family rating to Freedom Mortgage Holdings LLC (Freedom Holdings) Additionally, the agency affirmed the B2 issuer and senior unsecured bond ratings of Freedom Mortgage Corp. (Freedom Corp.) and withdrew its B1 CFR.

Following this action, the ratings for the $501.3 million of senior notes due May 2026, the $535.1 million of senior notes due January 2027, the $800 million of senior notes due October 2028, and the $500 million of senior notes due October 2030 will be moved to Freedom Holdings from Freedom Corp., the agency said. It also assigned a stable outlook to Freedom and Freedom Corp.'s outlook remains stable.

Freedom Holdings is a newly created holding company for Freedom Corp.

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