5/31/2007

CONWAY FINANCIAL SERVICES TO PROMOTE RESPONSIBLE LENDING WITH FANNIE MAE DURING NATIONAL HOMEOWNERSHIP MONTH

Norwell– Jack Conway & Co. Realtors and Conway Financial Services (CFS) joins Fannie Mae in a local initiative to promote “responsible lending” and educate real estate agents on how to help their potential buyers identify the most appropriate affordable mortgage products.

Throughout June’s National Homeownership Month, Conway agents and mortgage originators will receive intensified training on such loan products as Fannie Mae’s MyCommunityMortgage®, Flexible 97® and Flexible 100™, and Expanded Approval® products, which help more buyers qualify for a mortgage loan using flexible financing for a variety of challenges at conventional rates.

Jack Conway Co. and Fannie Mae kicked-off the effort this week with two workshops discussing market trends, changing demographics, and a wide range of financing options to help customers overcome the barriers to home ownership. Fannie Mae’s Regional Manager Lorenzo Wooten conducted training for more than 400 Conway real estate agents.

Rosemary O’Neil, President of the Massachusetts Mortgage Association and V.P. of Conway Financial is “thrilled” that CFS is the first and only Massachusetts company chosen to partner with Fannie Mae for this new outreach.

“Many of our clients during the spring home buying season are first-time home buyers,” said O’Neil. “We’re very excited about this collaboration and we’re looking forward to being a part of the team that will provide invaluable insights to home buyers in Massachusetts as they make the most important financing decision of their lives.”

With 45 offices from Boston to Cape Cod, Jack Conway & Co. Realtors is the largest independent real estate company in Massachusetts – Since 1956.

Photo:

Jack Conway & Co. Realtors and the mortgage giant Fannie Mae recently unveiled a new partnership aimed at promoting Fannie Mae’s responsible lending products to eligible Massachusetts homebuyers.  The joint venture was rolled out to 400 Conway associates at a recent seminar at the Boston Marriott – Quincy.Pictured from left to right are; Lorenzo Wooten, Regional Sales Manager for Fannie Mae, Debbie Campbell, Sr. V.P. for CFS, Rosemary O’Neil, V.P. of CFS, Anita Hamilton, Sr. Business Manager for Fannie Mae, and Richard Cahill, President – Jack Conway & Co. Realtors.

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