Michael P. Patterson

Mike Patterson serves as senior executive vice president and chief operating officer of Freedom Mortgage, one of the largest and fastest-growing independent mortgage companies in the country. He is responsible for many functional and operational areas, including capital markets, finance, investor relations, and mortgage operations, as well as the strategic growth of the company. Mr. Patterson began his career in the mortgage industry in 2000 at Irwin Mortgage Corporation, based in Fishers, Indiana. In 2006, Mr. Patterson joined Freedom Mortgage through the company’s acquisition of Irwin Mortgage. Mr. Patterson quickly flourished at Freedom Mortgage and was promoted to vice president of finance in 2008. He was promoted again to senior vice president in 2013. In 2014, Mr. Patterson was named executive vice president and, later in that same year, chief of staff. In 2019, Mr. Patterson was promoted to chief operating officer of Freedom Mortgage. Over the course of Mr. Patterson’s career within the mortgage and finance industries, he has established himself as a top-level executive. He takes pride in his ability to bridge the gap between upper and middle management through his extensive industry knowledge. His acute understanding of market trends has been instrumental in the company’s ability to strategically plan for financial agility. Recently, Mr. Patterson was honored with HousingWire’s prestigious Vanguard Award that recognizes executives within the housing economy for their outstanding leadership. Last year, Mr. Patterson was named a Power 50 leader by South Jersey Biz magazine. In 2021, HousingWire awarded Mr. Patterson a Finance Leaders Award, which recognizes top finance executives who drive financial performance. In 2015, Mr. Patterson was honored with HousingWire’s Rising Stars Award, recognizing the brightest and most accomplished leaders under 40. Mr. Patterson is a state advisory board member of The Salvation Army of New Jersey. He is an active member of the MBA Residential Loan Committee and Secondary Capital Markets Committee, and also serves on the MBA Residential Board of Governors.