Mass. housing honors top-producing lenders

BOSTON – MassHousing recently honored 10 of its top lending partners as well as four nonprofits and two individual loan officers for their efforts to deliver MassHousing home mortgage loans in 2014.MassHousing partners with more than 150 lenders across Massachusetts and annually recognizes the top loan producers as well as other organizations for their demonstrated commitment to promote and originate MassHousing home mortgage loans.Last year, through all of its lenders combined, MassHousing provided a total of $646 million to 2,884 low- or moderate-income Massachusetts residents who purchased or refinanced a home.”We recognize these lenders and community partners in particular for their extraordinary commitment to helping people with modest incomes to access the mortgage market,” said MassHousing Executive Director Thomas R. Gleason.”MassHousing and our partners consistently demonstrate that you do not need a large down payment to purchase a home and be a successful homeowner for the long term.”Among the 10 honored was East Boston Savings Bank, which has offices throughout the North Shore, including Lynn.East Boston was honored for being a top producer of loans to minority borrowers and being a top producer in Suffolk County.MassHousing also honored Andrew Sobers of East Boston Savings Bank, which originated 18 loans for $5.5 million in financing.MassHousing works with a statewide network of more than 150 approved lending partners to make available its diverse suite of affordable mortgage products.