Rick Bettencourt Joins Mortgage Network, Inc. as Branch Manager of New Office

Mortgage Network, Inc. Expands Services in Danvers Area

DANVERS, MA ─ October 30, 2012 ─ Mortgage Network, Inc., an industry leading independent mortgage lender, announced today Rick Bettencourt has joined the team as Branch Manager for a new Danvers office located at 52 Maple Street. A North Shore native, Bettencourt brings over 10 years of lending experience to the team. He has personally closed over $200 million in residential loans for his clients. “Richard is a very important addition to this team,” said Brian Koss, EVP of Production for Mortgage Network, Inc. “He takes very seriously the need to explain each and every part of this process to be sure his customers are educated on the process and have a positive experience.” Bettencourt is a member of the Board of Directors of the National Association of Mortgage Professionals (NAMB) where he serves as Vice Chairman of Government Affairs Committee, he is a member of the Massachusetts Mortgage Association Board of Directors and Chairman of the Education Committee and is a Certified Mortgage Trainer for the Massachusetts Mortgage Association. He can be reached by calling 978-979-0883 or by emailing rbettencourt@mortgagenetwork.com. His web page can be found by visiting www.rickmortgage.com.

# # # About Mortgage Network, Inc.: Mortgage Network, Inc. is a private mortgage banking company founded in 1988 by Robert McInnes and Albert Paré III who have co-managed the Company since its inception. Mortgage Network is one of the largest independent mortgage companies headquartered in New England. The Company’s unique combination of experience, product development, and commitment to providing great service has made Mortgage Network an industry leader. The Company has established over forty lending offices providing retail mortgage services. Mortgage Network can be found online at: www.mortgagenetwork.com.