Milewski honored for more than 40 years of excellence in mortgage banking
BOSTON – September 21, 2012 – (RealEstateRama) — MassHousing’s Peter Milewski was inducted today into the New England Mortgage Bankers Conference Hall of Fame for his more than 40 years of excellence in mortgage banking.
Milewski, of Duxbury, is the director of MassHousing’s Mortgage Insurance Fund and also the Agency’s manager of Homeownership Business Development. He received the prestigious honor at the 25th Annual New England Mortgage Bankers Conference (NEMBC) in Newport, R.I. The NEMBC is comprised of mortgage bankers associations from the five New England States.
“This is a very humbling experience,” said Milewski. “In the years I have worked in the industry I have had the honor to work with the industry pioneers, the best, the brightest and the bravest, all of whom are more deserving of this honor than I am.”
Prior to joining MassHousing in 1999, Milewski was a division manager for Advanced Financial Services, an account manager at Republic Mortgage Insurance Company, regional vice president at Mellon Mortgage, an account executive and regional director for Mortgage Guaranty Insurance Corporation, assistant treasurer at Plymouth Savings Bank and a branch manager at Shawmut Bank.
Milewski was also a member of the Massachusetts Mortgage Bankers Association Board of Directors from 1982 to 1992 and chairman of the MMBA Education Committee from 1988 to 1990. He is a past chairman of the Massachusetts Mortgage Bankers Association and a founding faculty member of the Minority Career Development Program at Roxbury Community College. Additionally, Milewski was a member of the MassHousing Board of Directors from 1997 to 1999 and served as a member of the Massachusetts Division of Banks Mortgage Summit and Foreclosure Prevention Task Force in 2007.
He is a member of the Children’s Hospital President’s Circle in recognition of his fundraising efforts for the Boston hospital and was chairman of a golf tournament to benefit the hospital from 1986 to 1997.
Milewski is a graduate of Cardinal Spellman High School Brockton and St. Francis Xavier University in Antigonish, Nova Scotia. He also graduated with honors from the Brown University Graduate School of Savings Banking.
“It is no secret that Peter Milewski is a Hall of Famer in the mortgage banking industry and his leadership played a major part in MassHousing recording its largest homeownership lending year in MassHousing’s 46-year history,” said MassHousing Executive Director Thomas R. Gleason. “We congratulate Peter on this well deserved honor and also the New England Mortgage Bankers Conference for inducting him into their Hall of Fame.”
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 $13 billion for affordable housing. For more information, visit the MassHousing website at www.masshousing.com, follow us on Twitter @MassHousing, subscribe to our blog and Like us on Facebook.
Eric Gedstad: 617.854.1079 | egedstad (at) masshousing (dot) com
Tom Farmer: 617.854.1843 | tfarmer (at) masshousing (dot) com