UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM ABS-15G

ASSET-BACKED SECURITIZER

REPORT PURSUANT TO SECTION 15G OF

THE SECURITIES EXCHANGE ACT OF 1934

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

☐ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period

________ to ________

Date of Report (Date of earliest event reported):

Commission File Number of securitizer: 

Central Index Key Number of securitizer: 

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) ☐

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐

☑ Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

FREED Mortgage Trust 2022-HE1

(Exact name of issuing entity as specified in its charter)

Central Index Key Number of depositor: 0001952516

Central Index Key Number of issuing entity (if applicable): 

Central Index Key Number of underwriter (if applicable): 

Noelle Whitehead, Treasurer

Telephone (650) 393-6633

Name and telephone number, including area code, of the person to

contact in connection with this filing

PART II – FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS

Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer

The disclosures required by Rule 15Ga-2 (17 CFR 240.15Ga-2) are attached as Exhibits to this Form ABS-15G.  Please see the Exhibit Index for the related information.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Series B, a series of Freedom Consumer Credit Fund, LLC

(Securitizer)

By: Freedom Financial Asset Management, LLC, its managing member

By:
/s/ Noelle Whitehead

Name: Noelle Whitehead

Title:  Treasurer

Date: November 7, 2022

EXHIBIT INDEX

Exhibit Number
Exhibit 99.1	Clayton Services LLC (“Clayton”) Due Diligence Narrative Report
Exhibit 99.2	Clayton Valuations Summary
Exhibit 99.3	Clayton Loan Level Tape Compare
Exhibit 99.4	Clayton Conditions Report
Exhibit 99.5	Clayton Rating Agency ATR QM Data Fields
Exhibit 99.6	Clayton Waived Conditions Report