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Client News

Arnone School Group’s Summer Community Service Project Benefits OCES Meals on Wheels Program and Recipients

September 30, 2019 //  by admin

Students in the Summer Extended Day Program at Arnone School in Brockton recently raised an impressive $500 for Old Colony Elder Services’ (OCES) Meals on Wheels Program, and also created handmade placemats and bags to be delivered to a number of Meals on Wheels recipients in Brockton.

As their summer community service project, approximately 400 students ranging from Kindergarten to 7th grade, in Arnone School’s program, decided that OCES’ Meals on Wheels Program and its recipients would benefit from their project.

The students held a “Penny War” fundraiser to raise money for the Meals on Wheel program. Three groups of students, K-Grade-1, Grade 2-3 and Grade 4-7, participated in the spare change fundraising competition. The groups competed to see which one could fill their jar with the most pennies.

The K-Grade 1 group was in the lead, and on the last day of their Penny Wars, the Grade 4-7 group brought in a ton of change and won. The money raised was donated to OCES in support of the Meals on Wheels program.

Additionally, the students crafted personal and colorful placemats and lunch bags which will be presented to OCES Meals on Wheels consumers in Brockton with their nutritious meal delivery.

“The students from Arnone School’s program did an amazing job with their community service project – raising a remarkable $500 for OCES’ Meals on Wheels program. It’s truly inspirational to see youth giving back to the community,” said Nicole Long, CEO of OCES. “The Meals on Wheels program is an essential program for many older adults who are homebound, unable to prepare meals, manage their grocery shopping or able to attend one of our community dining sites. We’d like to thank the students for their thoughtful efforts and generous donation to our Meals on Wheels program. They are really making a difference in our community.”

With the help of more than 760 volunteers, OCES, the non-profit agency proudly serving older adults and individuals with disabilities throughout greater Plymouth County and surrounding communities, delivers more than 1,600 meals each week to Meals on Wheels recipients in their service area.

To learn more about OCES’ Meals on Wheels program, visit www.ocesma.org/getting-started/nutrition/

About OCES

Founded in 1974, OCES proudly serves greater Plymouth County and surrounding communities. OCES is a private, non-profit organization headquartered in Brockton with a second office in Plymouth. OCES is designated as one of 26 Aging Services Access Points (ASAPs) in the Commonwealth of Massachusetts. OCES’ mission is to support the independence and dignity of elders and people with disabilities by providing essential information and services that promote healthy and safe living. The agency offers a number of programs to serve seniors, individuals with disabilities, their families and caregivers. For more information call 508-584-1561 or visit www.ocesma.org.

Arnone School Group’s Summer Community Service Project Benefits OCES Meals on Wheels Program and RecipientsRead More

Category: Client NewsTag: OCES, Old Colony Elder Services

Breaking Bearing Code – Emerson Bearing Boston Shares Tips to Help Get the Most from Bearings

September 27, 2019 //  by admin

Choosing a bearing catalog can be intimidating and confusing – as some seem to be written in a secret code, with a series of letters and numbers that are unknown to anyone who hasn’t chosen a bearing before. 

Emerson Bearing Boston, a bearing company catering to Original Equipment Manufacturers (OEM) and Maintenance, Repair and Operations (MRO) markets around the world, shares tips for cracking the code and understanding how to get the most from your bearings.

Rolling bearings are designated by codes that indicate the construction, dimensions, tolerances, and clearances of each bearing. Tolerance is the limit of random (unintentional) deviation of a dimension from its nominal value. Allowance is the amount of designed (intentional) deviation between two mating dimensions in a fit, which, in combination with their respective tolerances, results into a maximum and minimum clearance or interference.

Emerson Bearing breaks it all down:

The Codes in a bearing catalog can include any or all of these three parts: the basic code, prefixes, and suffixes. The basic code tells you what kind of bearing it is and its bore diameter (diameter of the inner ring). Prefixes indicate basic components in the bearing, and suffixes indicate any special characteristics or designs.

Basic Code consists of the bearing series, which indicates the type of bearing, and the bore number, which specifies the bore diameter. The bearing series can be made up of letters and/or numbers that designate the construction, diameter series, and in many cases the width series. The bore number indicates the bore diameter. If the bearing code only contains the basic code and doesn’t include any prefixes or suffixes, it means that it is a normal bearing with normal standards of form, precision, and clearance. 

Prefixes refer to basic bearing components and common prefixes include H for Tapered Roller Bearings-Inch, N for Cylindrical Roller Bearings-Metric, NN for Super Precision Cylindrical Roller Bearings, and S for Stainless Steel – to name just a few.

Suffixes indicate bearings with special characteristics or designs, including special outer forms, cages, precision tolerances, clearances, and other characteristics like heat treatment and noise behavior. The most common suffixes for internal design are E for Higher Capacity Bearings, UA for Close Axial Preload, UO for No Clearance, and UL for Light Preload. There are also suffixes for outer surface dimensions, sealings, cage materials, precision tolerances, bearing clearances and dimensionally stabilized bearings. Note that for bearings with both special precision tolerance and special clearance, the suffixes are combined.

“We are dedicated to helping our customers find the bearings they require,” explained Steve Katz, president. “Our team of experts can assist with proper bearing selection and equip customers with the knowledge needed – which often includes deciphering bearing codes – which  helps to ensure they avoid costly pitfalls and downtime.” 

To learn more, read Emerson Bearing’s blog about breaking bearing code, which includes detailed tables, at https://blog.emersonbearing.com/blog/bearing-numbers-and-codes

To view Emerson Bearing’s Catalogs and Technical Toolbox, visit https://www.emersonbearing.com/technical-toolbox. 

About Emerson Bearing Boston

Founded in 1957, Emerson Bearing Boston specializes in bearings for OEM and MRO markets throughout the world. The company provides solutions to a variety of industries including: aggregate, concrete, mining, machine tools, electric motor repair, marine, material handling, metal processing, packaging, food processing, paper converting, printing, wind/power generation, recreation, heavy construction, robotics, automation, transportation, wood products, wastewater treatment, pump, compressor and oil field.

Emerson Bearing Boston offers customers a one-stop shopping experience. With an online product catalog with over 3 million bearings – ranging in size from 3mm to tunnel-boring 15-foot-diameter giants; a vast inventory of bearings; worldwide sourcing; a fixed price program; a knowledgeable staff; same day shipping and 24/7 service, Emerson Bearing Boston has become a leading provider of bearings in the U.S. They are the sister company of Action Bearing and maintain headquarters at 201 Brighton Ave. Boston, MA. For more information, visit www.emersonbearing.com or call 800-225-4587.

Breaking Bearing Code – Emerson Bearing Boston Shares Tips to Help Get the Most from BearingsRead More

Category: Client NewsTag: Emerson Bearing Boston

Type One Teams Up with Hingham High School Football in Peer-to-Peer Fundraising Model

September 27, 2019 //  by admin

The nonprofit Type One is proudly working together with the Hingham High School football program to raise public awareness and funds toward a cure for type 1 diabetes.

Type One is holding their 8th Annual Renegade Run Obstacle Course Race at Bare Cove Park in Hingham on Sunday October 20, 2019. The family-friendly Renegade Run, which begins at 9:00 AM and is open to the public, will feature a course through four miles of paved trails and wooded terrain with over 25 obstacles including monkey bars to cross, walls and cargo nets to climb, and tunnels to crawl through.

Event activities include a Mini Renegade Run for kids, live concert, food trucks, vendors, beer tent and entertaining surprises.

Registration for Renegade Run is now open. Friends, family and supporters of Hingham High Football will receive a 15 percent discount on their registration to Renegade Run (when they use the code HHSF15).

Additionally, Type One will donate $10 to Hingham High School Football for every processed registration using the code.

To learn more about Type One and the Renegade Run, visit www.typeonerenegaderun.com.

Race Registration

There will be free t-shirts and finisher medals for those who complete Renegade Run, a complimentary beer for those 21+, free parking, no spectator fee, and many other surprises. Type One Renegade Run’s major sponsors include Honey Dew and Prime Motor Group.

Renegade Run Peer-To-Peer Fundraising and Volunteering Opportunity

Type One is offering any team, school organization or outside club with an opportunity to fundraise for their specific association while supporting Type One’s mission toward a cure for type 1 diabetes. To learn more about this unique Peer-To-Peer fundraising model, email Paul Foti, info@type-one.org.

About Type One

Type One, a 501(c)(3) nonprofit organization, recognizes a world free of type 1 diabetes (T1D) and is dedicated to that future by raising public awareness and funds toward a cure through research. Type One was founded in 2012 by a group of South Shore residents to support their friend Tyson Sunnerberg, who was diagnosed with type 1 diabetes, an autoimmune disease in which a person’s pancreas stops producing insulin, when he was 21 years old. On November 25, 2012, the first ever Renegade Run Obstacle Course Race was held raising awareness and funds toward a cure. 

To date, Type One’s Renegade Run has generated tens of thousands of dollars to support the Faustman Lab at MGH, which is run by Dr. Denise Faustman, director of the Immunobiology Laboratory at MGH, and is focused on discovering and developing new treatments for type 1 diabetes and other autoimmune diseases. Dr. Faustman is currently leading a human clinical trial program testing the efficacy of the BCG (bacille Calmette-Guerin) vaccine for reversal of long-term type 1 diabetes. 

In addition to supporting the Faustman Lab at MGH, Type One donation and fundraising platforms help provide scholarships to local children with type 1 diabetes to attend type 1 diabetes camp, as well as providing qualifying recipients with assistance for diabetes management and treatment.

For more information on the Faustman Lab at MGH and type 1 diabetes, visit www.faustmanlab.org. 

Type One Teams Up with Hingham High School Football in Peer-to-Peer Fundraising ModelRead More

Category: Client NewsTag: Renegade Run, Renegade Run Obstacle Course Race, Type One

St. Joseph Manor Summer Carnival Supports Old Colony Elder Services’ Meals on Wheels Program

September 15, 2019 //  by admin

Old Colony Elder Services, the non-profit agency proudly serving older adults and individuals with disabilities throughout greater Plymouth County, recently received a generous donation to their Meals on Wheels program from St. Joseph Manor Health Care in Brockton.

St. Joseph Manor held a Summer Carnival, complete with carnival games, food and children’s activities such as Touch a Truck. Special guest Paws, the official mascot of the Pawtucket Red Sox, was also onsite. A total of $1,090 in proceeds from the Summer Carnival was donated to OCES’ Meals on Wheels program.

Meals on Wheels is part of OCES’ Nutrition Program. OCES delivers 1,600 nutritious meals a day to older adults and individuals with disabilities living within 23 communities in greater Plymouth County. These “Meals on Wheels” are planned by a nutritionist, and with the help of hundreds of volunteers, are delivered either to individual homes or to Community Dining Sites, which provide older adults opportunities for social interaction.  

“We are grateful to St. Joseph Manor for their generous donation to our Meals on Wheels program, as it supports our ability to enhance the quality of life for thousands of older adults by providing nutritionally sound and satisfying meals,” said Nicole M. Long, CEO of OCES.

To learn more about St. Joseph Manor of Brockton, one of the highest rated senior care facilities in Greater Boston and 2019 Best of the Best winner, visit http://sjmbrockton.com

About OCES

Founded in 1974, OCES proudly serves greater Plymouth County and surrounding communities. OCES is a private, non-profit organization headquartered in Brockton with a second office in Plymouth. OCES is designated as one of 26 Aging Services Access Points (ASAPs) in the Commonwealth of Massachusetts. OCES’ mission is to support the independence and dignity of elders and people with disabilities by providing essential information and services that promote healthy and safe living. The agency offers a number of programs to serve seniors, individuals with disabilities, their families and caregivers. For more information call 508-584-1561 or visit www.ocesma.org.

St. Joseph Manor Summer Carnival Supports Old Colony Elder Services’ Meals on Wheels ProgramRead More

Category: Client NewsTag: OCES, Old Colony Elder Services

The Weekly Trends – Brothers Gutters

September 12, 2019 //  by admin

Please state your name and a little about your current status. What exactly does your company do?

I’m Ken Parsons, Co-Founder of Brothers Gutters. I got started in gutters while working with an installer during summers in between teaching High School history. I enjoyed the work and saw the potential in it so I ran with it. After some success, I was able to recruit my talented younger brother, Ryan Parsons, while he was in between graphic design jobs. He now holds the title of Chief Solutionist. As our operation grew, we discovered others could use our model to prosper the way we have.

How we got the name: The name originated from one of our radio ads a couple of years prior to our name change. Everyone who heard the phrase “The Brothers That Just Do Gutters” liked it so much they thought it was the company name. We stopped fighting it and adopted the name.

 How did you start your company/business as a startup?

I got started in gutters while working with an installer during summers in between teaching High School history. I enjoyed the work and saw the potential in it so I ran with it. After some success, I was able to recruit my talented younger brother Ryan Parsons, who is now Chief Solutionist to help me with the endeavor. As our operation grew, we discovered others could use our model to prosper the way we have.

 What struggle did you go through to reach your current status now?

We learned everything about our business firsthand – from what products to use to how to keep up with finances. It took (and continues to require) a good deal of effort to keep up with the rapid rate of growth Brothers Gutters has been privileged to experience.

Early on, we found each project was unique and required individualized treatment. We had to create a system to provide customers with the personalized experience we imagined.

 How did you manage to cope up with those struggles?

After a good deal of trial and error, we learned that in order to provide customers with the reliable, stress-free and personable experience we had to invest in our employees. We trained our staff in the soft components of the business like how to interact with customers and behave on their property in addition to the traditional skills associated with our industry.

 Who inspired you to move forward and influenced you in all your achievements now?

Our customers have been our biggest motivating factor to continuously improve our operation. We send surveys to every client and keep ourselves honest by posting them exactly they were submitted – negative or positive with misspellings and grammar mistakes included. If a customer had an issue we made it a priority to solve it ASAP. With this approach, we were able to gain build our business with people we consider friends and neighbors – not simply customers.

 What piece of advice will you share with those who would like to follow your footsteps?

If you’re ready to invest significant effort and follow instructions carefully you can be a successful business owner. The reward for your hard work is substantial. You can realize your financial and lifestyle goals while making a positive contribution to your community.

 How can people follow your journey? Please list your social media URLs

https://www.facebook.com/brothersguttershv/
https://www.instagram.com/brothersguttersny/
https://www.brothersfranchise.com/category/media/

The Weekly Trends – Brothers GuttersRead More

Category: Client News, Franchise News

Behavioral Concepts Announces Center-Based Day Services for the Fall in Fitchburg

September 10, 2019 //  by admin

Behavioral Concepts (BCI), a company of behavioral clinicians specializing in the care of children with Autism Spectrum Disorder (ASD) in Massachusetts, announces Center-based Day services for the fall at their Fitchburg location. Enrollment is now open and session options have been expanded.

BCI’s Fitchburg ABA Center, located at 207 Authority Drive, provides intensive one-to-one Applied Behavior Analysis (ABA) and is designed to give children with ASD more intensive learning opportunities beyond the services he or she receives in the home, at school, or in the community. 

Expanded Session Times

The Fitchburg Center’s Intensive Day Program for children three- to six-years-old, is a structured program that gives young children one-to-one support in a group setting. Session times have been expanded and are as follows: 8:15-11:15 a.m.; 11:15 a.m.-2:15 p.m.; 12:00-3:00 p.m.; or 8:15 a.m.-2:15 p.m.

BCI provides evidence-based interventions and unique approaches help children with ASD learn how to modify challenging behaviors, improve communication and social skills, and further their learning. Board-Certified Behavior Analysts (BCBAs) assess each child, work with the family to set goals, and create a plan based on the child’s unique interests and abilities. Each child’s progress is evaluated and the plan refined as needed. 

“The Center-based settings are clinical, yet warm and encouraging environments ideal for children who will be, or have already transitioned to school,” Katelyn Moisan, M.A., Special Education, BCBA, LABA, Regional Director of Greater Fitchburg. “Essentially, children are taught the skills they need to navigate relationships and be more independent.”

To learn more about BCI Fitchburg Center-based Day services and enroll, visit https://bciaba.com/how-we-can-help/aba-centers/intensive-day/ or call 978-696-5115.

About BCI

Behavioral Concepts (BCI) provides Applied Behavior Analysis (ABA) services to children with autism and their families in central Massachusetts. We identify and facilitate effective personalized instruction that allows children to discover more, learn more, and be more – increasing their independence and enhancing their quality of life at home, in school, and in the community. BCI is a Massachusetts Department of Public Health approved provider of specialty ABA services for early intervention. BCI also provides center, home-based, and afterschool services through private and public health insurance. The organization was founded in 2002 by Dr. Jeffrey R. Robinson. Further information on BCI is available at https://bciaba.com.

BCI is part of the LEARN Behavioral family of companies, a national organization dedicated to helping all children succeed in school and life. Learn more at http://learnitsystems.com.

Behavioral Concepts Announces Center-Based Day Services for the Fall in FitchburgRead More

Category: Client NewsTag: BCI, Behavioral Concepts

Old Colony Elder Services Appoints New Development Manager

September 9, 2019 //  by admin

Old Colony Elder Services (OCES), the non-profit agency proudly serving older adults and individuals with disabilities throughout greater Plymouth County, has appointed Kimberley Bales as Development Manager.

Kimberley Bales

Ms. Bales has more than 15 years of experience in community development, fundraising and event management for nonprofit organizations. In her role at OCES, Ms. Bales is primarily responsible for the planning, development and implementation of fundraising, outreach and marketing strategies to promote OCES mission, program and services. She will also oversee donor development and retention and manage the Development Committee.

For six years previous to OCES, Ms. Bales was the Senior Community Director at March of Dimes corporate office in Westborough, MA. She was responsible for the management and oversight of revenue, fundraising events, personnel and volunteer development for Boston and Southeastern Massachusetts, Cape Cod & the Islands territories.

Prior to that, Ms. Bales was the Senior Community Development Manager at American Cancer Society in Ventura, CA for 10 years, overseeing a team of Community Development Managers and Relay Staff Assistants for the implementation of Relay For Life events. She was also responsible for the Relay For Life Regional Team.

During her years with the American Cancer Society, Ms. Bales was recognized with several awards including the “Top 10 Nationwide County per Capita” for Ventura County in California for funds raised at American Cancer Society.  She led Region Relay two years to obtain “Top Data Capture” California Division Award, and she was awarded “Top New Event for 2006” that far exceeded revenue goal.

Ms. Bales holds a Bachelor of Science degree from Iowa State University, Ames, IA. She serves on the Advisory Board of Neighborworks Housing Solutions and is a member of the American Cancer Society’s Cancer Action Network. In her spare time, Ms. Bales also volunteers her time at her children’s school for various programs and activities. 

She is a resident of Easton, MA.

About OCES

Founded in 1974, OCES proudly serves greater Plymouth County and surrounding communities. OCES is a private, non-profit organization headquartered in Brockton with a second office in Plymouth. OCES is designated as one of 26 Aging Services Access Points (ASAPs) in the Commonwealth of Massachusetts. OCES’ mission is to support the independence and dignity of elders and people with disabilities by providing essential information and services that promote healthy and safe living. The agency offers a number of programs to serve seniors, individuals with disabilities, their families and caregivers. For more information call 508-584-1561 or visit www.ocesma.org.

Old Colony Elder Services Appoints New Development ManagerRead More

Category: Client NewsTag: OCES, Old Colony Elder Services

Team Vroomy Gears Up for the 8th Annual Renegade Run Obstacle Course Race in Support of Type 1 Diabetes Research and Cure

September 5, 2019 //  by admin

Team Vroomy is gearing up to race in Type One’s family-friendly, four-mile Renegade Run Obstacle Course Race on October 20, 2019, to raise awareness and funds for type 1 diabetes research at Massachusetts General Hospital (MGH), and to provide assistance for diabetes management and treatment to those living with the disease.

Vroomy Windsor

Led by Hingham residents Ashley and Robert Windsor, Team Vroomy has been participating in Renegade Run each year in support of Type One’s mission. Their son, Vroomy (now six-years-old) was diagnosed with type 1 diabetes at the age of two.

“The first Renegade Run our family did was prior to Vroomy’s diagnosis. The race is in Hingham and we wanted to support those in our community. Then, Vroomy was diagnosed and it affected us directly,” explained Ashley Windsor. “Vroomy is happy and doing well. Type 1 diabetes has not slowed him down at all! After his diagnosis, Team Vroomy was formed with four participants – my husband and family members – and our team has grown ever since.”

In 2017, Team Vroomy had 44 participants in support of Type One and Vroomy and last year, they had an impressive 77 participants (30 of them were children). The Windors hope to have 100 runners in this year’s race. Team Vroomy is easy to spot on the course, with their signature logo on their custom t-shirts and headbands. “We are so excited for this year’s Renegade Run! Team Vroomy is hoping to break the 100 person mark,” said Windsor.

She continued, “We’ll do anything we can to support Renegade Run and raise awareness and research funds for T1D. Our family is thrilled to do this race every year for as long type 1 exists. We are Team Vroomy!”

Event To Cure Type 1 Diabetes

Type One’s Renegade Run Obstacle Course Race will be held Sunday, October 20, 2019 at Bare Cove Park in Hingham. The family-friendly race begins at 9:00 AM and is open to the public. It will feature a course through four miles of paved trails and wooded terrain with over 25 obstacles including monkey bars to cross, walls and cargo nets to climb, and tunnels to crawl through. Event activities include a Mini Renegade Run for kids, live concert, food trucks, vendors and beer tent.

Funds raised will support Type One’s mission to raise funds and awareness for type 1 diabetes research at Massachusetts General Hospital (MGH). To date, Type One’s annual Renegade Run has generated tens of thousands of dollars to support the Faustman Lab at MGH which is focused on discovering and developing new treatments for type 1 diabetes, a vaccine for the reversal of long-term type 1 diabetes and other autoimmune diseases.

In addition to supporting the Faustman Lab at MGH, Type One donation and fundraising platforms help provide scholarships to local children with type 1 diabetes to attend type 1 diabetes camp, as well as providing qualifying recipients with assistance for diabetes management and treatment.

Race Registration

There will be free t-shirts and finisher medals for those who complete the Renegade Run, a complimentary beer for those 21+, free parking, no spectator fee, and many other surprises.

To register for the 8th Annual Renegade Run Obstacle Course Race, visit https://typeonerenegaderun.com/register/.  Unable to attend on race day? Register as a Virtual Runner.

To create a Renegade Run fundraising page, or to start a fundraiser or to make a donation, visit https://typeonerenegaderun.com/fundraise/

Sponsorships Available

Type One Renegade Run’s major sponsors include Honey Dew and Prime Motor Group.  Sponsorships are available. Visit  https://typeonerenegaderun.com/sponsors/ or email info@type-one.org.

About Type One

Type One, a 501(c)(3) nonprofit organization, recognizes a world free of type 1 diabetes (T1D) and is dedicated to that future by raising public awareness and funds toward a cure through research. Type One was founded in 2012 by a group of South Shore residents to support their friend Tyson Sunnerberg, who was diagnosed with type 1 diabetes, an autoimmune disease in which a person’s pancreas stops producing insulin, when he was 21 years old. On November 25, 2012, the first ever Renegade Run Obstacle Course Race was held raising awareness and funds toward a cure. 

To date, Type One’s Renegade Run has generated tens of thousands of dollars to support the Faustman Lab at MGH, which is run by Dr. Denise Faustman, director of the Immunobiology Laboratory at MGH, and is focused on discovering and developing new treatments for type 1 diabetes and other autoimmune diseases. Dr. Faustman is currently leading a human clinical trial program testing the efficacy of the BCG (bacille Calmette-Guerin) vaccine for reversal of long-term type 1 diabetes.  For more information on the Faustman Lab at MGH and type 1 diabetes, visit www.faustmanlab.org.

Team Vroomy Gears Up for the 8th Annual Renegade Run Obstacle Course Race in Support of Type 1 Diabetes Research and CureRead More

Category: Client News

Harbor Mortgage, Braintree, MA-based, rolls out new program for senior condo owners and buyers in tandem with new federal provisions.

September 4, 2019 //  by admin

Harbor Mortgage Solutions’ new “Housing Wealth” program is designed to inform senior condominium owners and buyers of significant Federal Housing Authority (FHA) changes to its condominium financing regulations that will go into effect October 15, 2019. 

According to U.S. Housing and Urban Development (HUD), there are more than 150,000 condo projects in the nation, and only 6.5 percent are approved to participate in the FHA’s mortgage insurance programs. The FHA’s revised rules loosen eligibility requirements and eliminate a number of restrictions. Most notably, the restoration of individual unit approval (called spot approval) that had been in place years ago. Among the FHA project approval revisions, the recertification process has been extended from two to three years.

What This Means to Senior Condo Owners and Buyers

Essentially, the FHA’s new policy will allow senior owners and buyers (62 and older) of certain condo units to be eligible for the FHA Home Equity Conversion Mortgage (HECM) reverse mortgage, even if the condominium project is not FHA approved.

The HECM reverse mortgage was developed and approved by Congress to enable owners 62 and older the ability to use a portion of their home equity (housing wealth) to increase financial security. Senior condo owners, previously excluded, may now be eligible for a HECM reverse mortgage to increase financial security, and eligible buyers may be able to purchase a condominium with a limited down payment without the obligation to make mortgage payments.  

“The FHA’s changes to its condominium financing regulations is good news, as these changes eliminate current barriers that have prevented senior condo owners and buyers from using the FHA-insured reverse mortgage and other more favorable FHA financing options,” explained George Downey, CRMP, founder of Braintree-based Harbor Mortgage.

George Downey, a 40-year veteran in the Massachusetts real estate and residential mortgage business, leads Harbor Mortgage’s team of housing wealth management consultants. The team’s specialty is consulting to professional advisers and homeowners on the various methods housing wealth can be utilized and coordinated with financial management to achieve greater results and extend retirement security.

Downey continued, “Home equity, referred to as ‘housing wealth’, has become an important and valuable resource to improve financial planning and extend retirement security. If, how, and when to use it is a key question. Every situation is different and the options are increasing as new programs emerge to meet the changing times.”

Dedicated to serving the unique home financing and often complex needs of senior homeowners,Harbor Mortgage focuses on providing senior condo owners looking to age-in-place, as well as senior homeowners transitioning to retirement living and looking to purchase a condo, with a better understanding about housing wealth and the FHA HECM reverse mortgage.

Senior condo owners and buyers interested in learning more about their options may contact Harbor Mortgage at 781-843-5553, or visit HarborMortgage.com.

Harbor Mortgage Solutions, Inc. is a family-owned, residential mortgage company serving Massachusetts and Rhode Island. Recognized as a leading housing wealth management authority, Harbor Mortgage is dedicated to serving the unique home financing and often complex needs of senior homeowners, while also promoting those needs among consumers, professional advisors, state legislators and industry regulators. 

Harbor Mortgage (NMLS #2846, MA-MB2846, and RI 20041821LB) is located in Braintree, MA. For more information, contact 781-843-5553 or visit HarborMortgage.com.

Harbor Mortgage, Braintree, MA-based, rolls out new program for senior condo owners and buyers in tandem with new federal provisions.Read More

Category: Client NewsTag: Harbor Mortgage Solutions

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  • OCES Honors Dedicated Community Programs Director as she Retires
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