Mortgage Network Participates in Tour de Greenbelt Cycling Event

Oct 03, 2017

Employees and friends of Mortgage Network Inc. recently participated in the annual Tour de Greenbelt, a popular New England cycling event in support of local land preservation.

Mortgage Network served as a lead sponsor of this year's event, which features 25-mile and 50-mile routes through 11 towns and more than 50 historic properties. Money raised through the event benefits Essex County Greenbelt, Essex County's Land Trust that works with local landowners and communities to protect the region's farmland, wildlife habitat and scenic landscapes. Some of Mortgage Network's 11 volunteers rode in this year's event, while others distributed refreshments and encouragement at the company's water stop.

"The Tour de Greenbelt is one of my favorite local events," said Robert McInnes, Chief Executive Officer of Mortgage Network. "I strongly believe in Greenbelt's mission to improve the region's air and water quality to preserve our local ecosystems for many wildlife and plant species. I'm especially proud of the commitment of our employees who support this event each year."

Senior Loan Officer David Landry, a Mortgage Network volunteer, said, "I attend this event every year. The picturesque landscapes remind me of how beautiful New England really is. I'm honored to be part of a company that supports the community in a variety of ways."

About the author

NationalMortgageProfessional.com

Link copied

Published

Oct 03, 2017

Analysis and Data

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

Home sellers are finally giving buyers some ground. The problem is mortgage rates are taking it right back.More than one in five homes listed for sale — 20.8% — had a price reduction in September, the highest share in nearly four years, according to Realtor.com's latest Mont...

Regulation and Compliance

New Appraisal Rules Could Vary By Lender Under GSE Exception

Fannie and Freddie are giving some lenders more time to adopt UAD 3.6, meaning mortgage brokers may need to navigate different appraisal requirements across wholesale partners

Mortgage brokers preparing for the Nov. 2 switch to UAD 3.6 just got some breathing room — depending on where they send the loan.Fannie Mae and Freddie Mac are offering temporary policy exceptions to approved lenders that cannot meet the Nov. 2 mandate for the redesigned Uni...

Nov

Houston, TX

More from

Industry News

Rocket Makes VantageScore Its Default After Testing Finds Borrower Savings

After four months of testing, Rocket will make VantageScore 4.0 its preferred model for eligible retail loans while keeping both scoring options available to brokers

Industry News

Sep 29, 2026

CHLA: More Freddie Mac MBS Buying Could Narrow Mortgage Spreads

Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying

Industry News

Sep 23, 2026

Early Loan-Limit Race Splits Into Three Tiers

Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits

Industry News

Sep 23, 2026

Better, Garg Clash Over Claimed 46% Shareholder Support

Better disputes its former CEO’s preliminary consent count as the two sides trade accusations and an Oct. 2 target date approaches

C-Suite Strategies

Sep 23, 2026

Fannie Changes How Rent From A Former Home Counts

Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac

Regulation and Compliance

Sep 22, 2026