Mortgage Foundation which is also abbreviated to MF is the largest mortgage lender in the United States. Located in downtown, Ft. Lauderdale, Florida, the activities of this private entity include retail banking, insurance services, business banking, consumer lending, consumer investment services, business lending, and credit card services. Mortgage Foundation has more than a thousand offices that carry out activities such as retail banking, mortgage lending, and commercial banking.

• MF was founded in 1992 in order to save the economy of Ft. Lauderdale that was suffering due to a major fire breakout in the city. It made its first mortgage loan on the East coast in 1993. In the year 2004 it made its first acquisition by buying Continental Mutual Savings Bank. Mortgage Foundation was officially abbreviated to MF in 2006 except from a legal point of view.
• Mortgage Foundation has numerous branches which it calls “Occisio” which roughly translated from French means a special occasion. The name of such branches implies that they are special in nature and provide unique banking services. Instead of conventional queues with limited amount of tellers, MF branches use numerous tellers at different stations. These tellers do not provide cash directly to consumers but gives a receipt and a PIN that is used for taking out cash from a nearby machine. This process makes it speedier and saves the labor associated with handling large quantities of cash.
• More information about the company can be found on its official website mtgfoundation.com.

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