Mortgage Network Staffers Pitch in for Maine Habitat for Humanity Project – NMP Skip to main content

Mortgage Network Staffers Pitch in for Maine Habitat for Humanity Project

Jul 20, 2016
Staffers from the Portland, Maine branch office of Mortgage Network Inc. spent a recent weekend helping to build homes for needy families through Habitat for Humanity of Greater Portland

Staffers from the Portland, Maine branch office of Mortgage Network Inc. spent a recent weekend helping to build homes for needy families through Habitat for Humanity of Greater Portland.

Thirteen Mortgage Network employees, along with their families and friends, installed windows and insulation and assisted in fireproofing walls in two of the homes at the Habitat of Greater Portland’s Scarborough Project. The project is part of what will be a 13-home mixed-income neighborhood, making it Habitat of Greater Portland’s biggest project to date. Eight homes will be Habitat program homes and five will be affordable homes sold through the Scarborough Housing Alliance. The 20-acre parcel of land off Broadturn Road includes 15 acres of conservation land.

“We were honored to help two local families achieve the dream of homeownership,” said Jeff Rae, branch manager of Mortgage Network’s Portland office. “Over the past three decades, Habitat for Humanity of Greater Portland has helped build 75 homes, providing local families with stable, affordable housing. Mortgage Network is proud to be a part of that tradition, as we share Habitat’s belief that every person should have a decent, safe and affordable place to live.”

Habitat for Humanity of Greater Portland is an independent affiliate of Habitat for Humanity International. Founded in 1985, Habitat for Humanity of Greater Portland serves 28 communities in the greater Portland area. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage.

About the author
Published
Jul 20, 2016
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026