Rushmore Loan Management Services has received approval to act as a Freddie Mac seller/servicer, in addition to receiving a positive rating from Standard & Poor's ratings services.

Furthermore, Standard & Poor's specifically identified Rushmore’s strengths as its experienced management and staff, multiple auditing mechanisms along with its proprietary technology and vendor system.

“The Freddie Mac approval will significantly expand the company’s business, enabling Rushmore to originate and service loans for a new customer base,” said Terry Smith, CEO of Rushmore. “This is an important designation for both our employees and broker clients, and we are confident that this will be a competitive advantage as we look to grow the business.”

“This is a great vote of confidence for Rushmore as a growing organization, and we will continue to make investments in the company to ensure excellent service and controls that exceed our customers’ expectations,” added Smith.