Skip to main content

Mortgage Network Raises Funds in Run for the Troops 5K

NationalMortgageProfessional.com
May 01, 2017
Forty-four employees and friends from nine offices of Mortgage Network Inc. participated in the recent Run for the Troops 5K in downtown Andover, Mass., that will help build a new custom home for a wounded Connecticut soldier

Forty-four employees and friends from nine offices of Mortgage Network Inc. participated in the recent Run for the Troops 5K in downtown Andover, Mass., that will help build a new custom home for a wounded Connecticut soldier.
 
Proceeds from the event will enable Homes for Our Troops to build a mortgage-free, specially designed home for Marine Corporal Roger Rua of Middlebury, Conn., who was injured in the line of duty in Afghanistan in 2012. The vehicle Rua was riding in drove over a command-detonated improvised explosive device (IED) in Helmand Province, Afghanistan. Rua sustained fractures to his spine, femur and sternum, as well as traumatic brain injury as a result of the explosion. Initially paralyzed from the chest down, Roger was able to walk again using only a cane following months of physical therapy.
 
"Mortgage Network was proud and privileged to help Roger by participating in last Sunday's Run for the Troops 5K in Andover, Mass.," said Robert McInnes, president of Mortgage Network. "Roger's story is truly inspirational, as are those of all of the many other veterans that have been helped by Homes for Our Troops. I know I speak for all of our employees that being involved in the run was incredibly rewarding."
 
Race proceeds also help military families through Fisher House Boston and Brides Across American organizations as well as help soldiers with PTSD through the military programs at Ironstone Farm.
 
"It was great to see so many people come together to support our veterans," said William R. Kelly, a loan officer in Mortgage Network's Danvers Square, Mass., branch and a U.S. Coast Guard veteran. "Many thanks to all of the sponsors who donated time, effort and money to support this great cause."

 
UniteCT Emergency Rental Assistance Succeeds

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

Industry News
Jun 17, 2021
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021
CFPB New Rule Prevents Predatory Lending To Military Service Members

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.

Industry News
Jun 16, 2021
Inventory Begins A Slow Recovery

Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.

Industry News
Jun 16, 2021
Mortgage Lenders Expect Profit Margins To Shrink

69% of lenders believe profit margins will decrease in the months ahead, while 19% believe profits will remain the same, and 11% believe profits will increase.

Industry News
Jun 14, 2021