MassHousing recently honored 10 of its top lending partners as well as four nonprofits and two individual loan officers for their support in delivering MassHousing home mortgage loans in 2014.

“We recognize these lenders and community partners in particular for their extraordinary commitment to helping people with modest incomes to access the mortgage market,” MassHousing Executive Director Thomas R. Gleason said in a statement. “MassHousing and our partners consistently demonstrate that you do not need a large down payment to purchase a home and be a successful homeowner for the long term.”

The top-producer honorees are as follows:

  • Residential Mortgage Services Inc. was honored for originating the highest number of MassHousing loans statewide – 243 – totaling $56.3 million in financing. Residential Mortgage Services was also a top producer in Bristol, Middlesex, Plymouth and Worcester Counties.
  • NE Moves Mortgage was the second-highest producer with 186 loans for $44.2 million and was honored for being a top producer in Norfolk County.
  • Mortgage Network was the third-highest producer with 182 loans for $42 million and was honored for being a top producer in Essex, Hampden and Hampshire Counties.
  • Sage Bank was honored for a being a top producer of loans to low-income borrowers.
  • East Boston Savings Bank was honored for being a top producer of loans to minority borrowers and being a top producer in Suffolk County.
  • Cape Cod Five Cents Savings Bank was honored for being a top producer in Barnstable County.
  • Academy Mortgage was honored for being a top producer in Hampshire County.
  • Hampden Bank was honored for being a top producer of loans to low-income borrowers and for being a top producer in Hampden County.

MassHousing honored the two top-producing loan originators of first mortgages – Andrew Sobers of East Boston Savings Bank, who originated 18 loans for $5.5 million in financing, and Lisa Mish of Hampden Bank, who originated 27 loans for $3.6 million in financing. The housing agency also recognized four of its community partners – the City of New Bedford Office of Housing and Community Development, Chelsea Restoration Inc., Mill Cities Community Investments, Lowell and NeighborWorks of Southern Massachusetts – with Outstanding Partner Awards for their commitment to homeownership, homebuyer education, lead paint removal and other related services and advocacy.

MassHousing partners with more than 150 lenders across Massachusetts. Last year, it provided $646 million to 2,884 low- or moderate-income Massachusetts residents who purchased or refinanced a home.

MassHousing Recognizes Top Lending Partners

by Banker & Tradesman time to read: 2 min
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