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Phillies’ newest owner made his fortune from home loans

"I’m familiar with failure. I know what it’s like to be haunted by the past and disappointed with the present," says Stanley C. Middleman of Freedom Mortgage, the Phillies' newest owner.

Stanley C. Middleman, founder of Freedom Mortgage and Cherry Hill Mortgage, and 15% owner of the Philadelphia Phillies, at his alma mater, Temple University, on Oct. 14.
Stanley C. Middleman, founder of Freedom Mortgage and Cherry Hill Mortgage, and 15% owner of the Philadelphia Phillies, at his alma mater, Temple University, on Oct. 14.Read moreJoseph N. DiStefano