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2018 HW Insiders: Michael “Mo” Oursler

Chief Credit Officer, NewDay USA

Chief Credit Officer Mo Oursler is the architect of NewDay USA’s accelerated underwriting program, a series of fast-track career training courses that enables young mortgage professionals to earn the MBA’s Certified Residential Underwriter Designation, a specialized designation that demonstrates mastery of the specific skills needed to underwrite residential mortgages.

Michael "Mo" Oursler, chief credit officer, NewDay USA

Since launching the program, six NewDay USA employees have graduated and there are another 32 set to graduate in the next 12 months. In December, NewDay USA posted a 61% increase in revenue over the past three years, an accomplishment company officials credit to Oursler’s leadership, training and underwriting expertise.

Since joining NewDay in 2012 as a mortgage processor, Oursler rose quickly through the company’s ranks – first as VP of processing, then VP of secondary marketing and vice president of underwriting, where he managed a team of 40 underwriters.

“From his natural leadership skills, to helping dozens of mortgage professionals achieve the most advanced underwriting abilities, and for his commitment to serving American veterans, Mo has become an incredible asset to his organization.”

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