Four Mortgage Network LOs Recognized by MassHousing – NMP Skip to main content

Four Mortgage Network LOs Recognized by MassHousing

Nov 14, 2019
Mortgage Network Inc. has announced that four members of the company's Longmeadow, Mass. branch office were recognized as top originators of affordable mortgages through MassHousing during the 2019 fiscal year

Mortgage Network Inc. has announced that four members of the company's Longmeadow, Mass. branch office were recognized as top originators of affordable mortgages through MassHousing during the 2019 fiscal year. Longmeadow Branch Manager Carrie Hamel, Senior Loan Officer Katya Magee, and Loan Officers Katherine Castro Eardley and Kenneth Askins were among the top-selling originators of MassHousing loans to low- and moderate-income residents in Massachusetts between July 1, 2018 and June 30, 2019, the agency said.
 
Mortgage Network Inc. has announced that four members of the company's Longmeadow, Mass. branch office were recognized as top originators of affordable mortgages through MassHousing during the 2019 fiscal yearSince its inception, MassHousing has provided nearly $22 billion for affordable housing without the use of taxpayer dollars. The agency works closely with lenders, real estate agents and community organizations to provide affordable loans to help families buy, refinance or improve their homes. MassHousing 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 or mixed-income rental housing.
 
According to Brian Koss, executive vice president of Mortgage Network, rising housing prices throughout New England are creating a major obstacle for many would-be homebuyers. The median home price in Massachusetts recently climbed to $400,000, making affordable mortgage programs offered through MassHousing a valuable option for first-time homebuyers.
 
"Helping first-time buyers with affordable housing has been a primary focus of our company since Mortgage Network was founded," said Koss. "We are proud that four of our originators were recognized for helping low- and moderate-income borrowers, especially when affordability in many areas of Massachusetts, as well as other states, continues to be an issue for many. It's important to supporting affordable housing programs that provide sensible financing options to borrowers who may have trouble buying their own home."


 
About the author
Published
Nov 14, 2019
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026
Newrez, eXp Realty Form Joint Venture To Target Purchase Business

Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending

Oct 08, 2026