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MassHousing Honors Top Originators of First Mortgage Loans for Fiscal Year 2017

Published on December 6, 2017 by MassHousing
MassHousing Honors Top Originators of First Mortgage Loans for Fiscal Year 2017

The honorees Represent MassHousing’s Commitment to Providing Homeownership Opportunities for Low- and Moderate-income Massachusetts Homebuyers

BOSTON, MA — MassHousing has honored the top originators of first mortgage loans from 27 of the Agency’s lending partners for providing MassHousing home loans for low- and moderate-income Massachusetts residents.

The loan originators were honored in Gold, Silver and Bronze categories based on the number of MassHousing Mortgages they produced in fiscal 2017, which ran from July 1, 2016 to June 30, 2017.

”While all of our lending partners share MassHousing’s mission of providing Massachusetts residents with safe, affordable home mortgage products, these 39 loan originators excelled at helping homebuyers achieve the many benefits of owning their own home,” said MassHousing Acting Executive Director Tom Lyons. ”Their skill and commitment resulted in hundreds of families having a place all their own that they now call home.”

In fiscal 2017, through all its lenders combined, MassHousing provided a total of $661 million to 2,708 Massachusetts residents who purchased or refinanced a home – 78 percent of whom (2,136) were first-time homebuyers. MassHousing loans were used to purchase homes in 251 of the 351 Massachusetts cities and towns.

MassHousing partners with 175 lenders across Massachusetts who originate and close the Agency’s loans, which are then purchased and serviced directly by MassHousing. For loans used to purchase a home the average price was $258,736 and the average loan amount was $242,209. The average household income was $78,647.

Honored with Gold recognition for originating 31 to 40 MassHousing loans were:

– Shant Banosian (38 loans) from Guaranteed Rate, Inc., based in Waltham.
– Rico A. Conforti (36 loans) from St. Anne Credit Union, based in Fall River.
– Andrew L. Marquis (33 loans) from Guaranteed Rate, Inc., based in Waltham.
– Elise Bare (32 loans) from Residential Mortgage Services, Inc., based in North Dartmouth.

Honored with Silver recognition for originating 21 to 30 loans were:

– Trevor Michael McFarland (23 loans) from Residential Mortgage Services, Inc., based in Worcester.
– George Koutsos (21 loans) from CrossCountry Mortgage, Inc., based in Danvers.
– Vernon Miles (21 loans) from Residential Mortgage Services, Inc., based in New Bedford.

Honored with Bronze recognition were:

– Jessica Correa Paquette (20 loans) from PHH Home Loans, LLC, based in Easton and Canton.
– Eileen A. Hennessey (20 loans) from Academy Mortgage Corporation, based in Agawam.
– Kelly J. Lizotte (18 loans) from Security First Mortgage Funding LLC, based in Worcester.
– Lisa Mish (18 loans) from Freedom Credit Union, based in Springfield.
– Joshua Fasshauer (17 loans) from Evolve Bank and Trust, based in Auburn.
– Sean Carroll McCarthy (17 loans) from Salem Five Cents Savings bank based in Lynn.
– Marcus J. Sohn (15 loans) from Leader Bank, based in Arlington.
– Raymond B. Severance (15 loans) from Residential Mortgage Services, Inc., based in Middleboro.
– Kaylin Choquette (15 loans) from Adams Community Bank, based in Adams.
– John Pace (14 loans) from Guaranteed Rate, Inc., based in Wakefield.
– Trip Miller (13 loans) from Guaranteed Rate, Inc., based in Hingham.
– James C. Pollard (13 loans) from Academy Mortgage Corporation, based in Dalton.
– Nicholas Paleologos (13 loans) from Envoy Mortgage, Ltd, based in Worcester.
– Louise Larocque (13 loans) from PHH Homes Loans, LLC, based in Longmeadow.
– Jeffrey J. Nadeau (12 loans) from Salem Five Cents Savings Bank, based in North Andover.
– William B. Murphy (12 loans) Fairway Independent Mortgage Corporation, based in Auburn.
– Mary Rosella (12 loans) from loanDepot.com, LLC, based in South Boston.
– Harry E. Ogden (12 loans) from Mortgage Financial Services, based in Tewksbury.
– Jennifer C. Oldfield (12 loans) from Bristol County Savings Bank, based in Taunton.
– Marge Pero (12 loans) from Lee Bank, based in Lee.
– John Shanley (11 loans) from Fairway Independent Mortgage Corporation, based in Marlborough.
– Dena Barber (11 loans) from Residential Mortgage Services, Inc., based in North Dartmouth.
– John Dahlinger (11 loans) from Merrimack Mortgage Company, based in North Chelmsford.
– Jeffrey Paul Palermo (11 loans) from CrossCountry Mortgage, Inc., based in Peabody.
– Maria Luker (11 loans) from Salem Five Cents Savings Bank, based in Stoneham.
– Kenneth Askins (11 loans) from Mortgage Network, Inc., based in Longmeadow.
– Susan M. Seaver (11 loans) from Florence Savings Bank, based in Florence.
– Michael Kidwell (11 loans) from Leader Bank, based in Arlington.
– Ann Schwartz (10 loans) from HomeBridge Financial Services, Inc., based in Canton.
– Jeff Wright (10 loans) from Jeanne D’Arc Credit Union, based in Lowell.
– Stephen Palombi (10 loans) from Meetinghouse Co-Operative Bank, based in Dorchester.
– Sharon Hamel (10 loans) from Holyoke Credit Union, based in Holyoke.

About MassHousing
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 $20 billion for affordable housing. For more information, visit the MassHousing website at www.masshousing.com, follow us on Twitter @MassHousing, subscribe to our blog, watch us on YouTube, and Like us on Facebook.

Media Contacts
Paul McMorrow
pmcmorrow@masshousing.com
617-854-1141

Tom Farmer
tfarmer@masshousing.com
617-854-1843

www.masshousing.com

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