News: Finance

MassHousing honors NE Moves Mortage with top retail producer

MassHousing has honored NE Moves Mortgage for being the agency's top retail producer of first mortgages in 2010, an award the lender has won for the third consecutive year. NE Moves originated 150 MassHousing first mortgages for a total of $34.5 million in financing during calendar year 2010. In addition to being MassHousing's top retail producer in 2010, 2009 and 2008, NE Moves was MassHousing's top overall producer of first mortgages in 2006 and 2007. "NE Moves has helped thousands of Massachusetts families achieve the many benefits of owning their own home through their commitment to providing quality loan products such as our MassHousing Mortgages," said MassHousing executive director Thomas Gleason. "They have been one of our top lending partners for many years and their dedication and professionalism is widely recognized throughout the mortgage lending industry." "We are very pleased to receive the award on behalf of the company," said NE Moves Mortgage president Bill Mullin. "This award is really a testament to both the hard work of NE Moves' Senior Loan Officers and the great training we receive from the MassHousing staff. Additionally, members of the MassHousing staff are also always available for joint marketing efforts with NE Moves which allows us to bring these great products to Massachusetts homebuyers." MassHousing works with a statewide network of more than 160 approved lending partners to make available its diverse suite of affordable mortgage products. The agency provides fixed-rate, 30-year mortgages with low down payments and competitive interest rates. MassHousing's second mortgages allow homeowners to make general repairs, remove hazardous lead paint, or bring a failing septic system into compliance with the state's Title V. About NE Moves Mortgage As a top producing mortgage lender throughout New England, along with an affiliation with Coldwell Banker Residential Brokerage, NE Moves Mortgage strives to provide the same quality customer service to home buyers and sellers. They offer their clients an extensive variety of mortgage products, ensuring the right fit for each borrower's unique financial needs. Their highly skilled loan officers offer a personalized, high-tech approach to lending. For even greater convenience, these services are offered at Coldwell Banker offices throughout New England. About MassHousing Celebrating its 45th anniversary, MassHousing (The Massachusetts Housing Finance Agency) is an independent, quasi-public agency created in 1966 and charged with providing financing for affordable housing in Massachusetts. The agency raises capital by selling bonds and lends the proceeds to low- and moderate-income homebuyers and homeowners, and to developers who build or preserve affordable and/or mixed-income rental housing. MassHousing does not use taxpayer dollars to sustain its operations, although it administers some publicly funded programs on behalf of the Commonwealth. Since its inception, MassHousing has provided more than $13 billion for affordable housing.
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