Items Tagged with 'New American Funding'


  • New American Funding planning to hire nearly 1,000 new employees by end of 2019

    Mortgage company has branches in 41 states
    For the second time in as many months, a major national lender is moving to hire as many as 1,000 new employees as the gap between the haves and have-nots in mortgage lending appears to be growing. Last month, it was loanDepot that announced it plans to hire more than 1,300 new loan officers to its team by the end of the year. Now, it's New American Funding's turn.
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  • New American Funding names new CFO

    Appoints Scott Frommert to manage company finances
    New American Funding has named Scott Frommert its new chief financial officer. New American Funding CEO Rick Arvielo said Frommert’s leadership skills, drive and commitment will make a huge impact with the company.
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  • New American Funding expands into non-QM lending

    Will use "alternate methods of income verification"
    One of the top lenders in the country is now offering mortgages to borrowers who do not fit into the Qualified Mortgage box. New American Funding announced Tuesday that it is expanding into non-QM lending, joining a growing group of lenders that are offering mortgages to "non-traditional" borrowers.
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  • Here are the best workplaces in financial services

    Fortune ranks the best of the best
    Fortune and Great Place to Work have released the winners of this year’s award for the best workplaces in financial services, featuring companies both large and small that are known for valuing their employees and championing innovation. Here are the companies operating in the mortgage space that made the cut.
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  • New American Funding acquires Marketplace Home Mortgage

    Minnesota-based lender does business in 15 states
    New American Funding, already one of the biggest lenders in the nation, is set to expand even more, as the company announced Tuesday that it acquired Marketplace Home Mortgage. Marketplace is based in Minnesota, has offices in Florida, Michigan, New Hampshire, South Dakota, and Wisconsin, and does business in 15 states.
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  • Flagstar appoints new SVP of its retail mortgage business

    Scott Bristol will also serve as national production manager
    Flagstar Bank announced Wednesday that Scott Bristol has joined the company as senior vice president and national production manager of its retail mortgage business. In this new position, Bristol will optimize Flagstar's platform to support its loan officers in their expanding business.
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  • From HW Magazine

    Dream Team: How the Arvielos are leading New American Funding to record growth

    Q&A with Rick and Patty Arvielo
    The first thing you notice about New American Funding's Rick and Patty Arvielo is how much they like each other. That might seem like a foregone conclusion when you meet a married couple, but when that couple also runs an incredibly successful business together, I imagine it could get complicated. Read on to find out more about how this successful couple manages their life, and business, together.
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