NMP - November 2019 - 64

HEARD ON THE STREET
continued from page 31

more satisfying experience for
borrowers and their loan
officers."
Through Finicity's verification
platform, borrower assets can be
confirmed within minutes, without
the need to find, copy and scan
piles of paper documents for
verification. This can reduce the
mortgage origination time by
more than a week while
eliminating the hassle of paper
documents and manual
processes.
"Today's consumers expect
simple, rapid experiences on
their computers and phones, and
the mortgage process should be
no different," said Steve Smith,
chief executive officer of Finicity.
"AFR is embracing their role as a
mortgage industry innovator,
focused on meeting the
expectations of the next gen
consumer."
New American Funding
Opens Ninth Branch in
Nevada

NOVEMBER 2019 n National Mortgage Professional Magazine n

NationalMortgageProfessional.com

64

l $100,000 to $5 mil - 75% LTV - Fixed Rate
l TEMPLES, SYNAGOGUES, ALL HOUSES OF
WORSHIP
l No personal guarantees & no prepayment
penalties
l Originator Quote protected against
circumvention for 45 days

Visit our website to pre-qualify
and request a FREE QUOTE
BONUS: A loan to a house of worship opens the door to
residential mortgages for their congregation members

Concord Church Lenders

www.concordchurchfinance.com

800-926-0399

New American Funding is
expanding its Mid-Pacific
territory with the opening of a
new branch in Fallon, Nev. The
new Fallon branch specializes in
a diverse spectrum of purchase
and refinance products, which
includes VA, FHA, USDA, and
manufactured home loans and
more. This is the ninth New
American branch to open in
Nevada, including locations in
Las Vegas, Henderson and
Reno.
"We're excited to bring New
American Funding's wide range
of home loan products to
Fallon," said New American
Funding Branch Manager Katy
Andrews. "We have a local
office to serve our borrowers
and we do everything in-house,
so we can provide a clearly
defined experience during the
entire loan process and offer our
borrowers with exceptional
service. We make it all about the
customer and as a result, people
want to work with us because
they know and trust us."
Andrews will oversee the new
branch while working one-onone originating loans for clients
and helping them make smart
decisions and closing their loans
on time. She has more than six
years of industry experience
working in the local market.

NewDay USA Adds 100-Plus
to Meet Surge in Business

NewDay USA has announced the
hiring of more than 100 new
employees in the Baltimore area. The
new recruits will be trained at
NewDay USA University, the
company's proprietary training
facility.
NewDay reported its VA loan
originations during the three months
ending June 30 totaled nearly 2,500
loans, with an aggregate principal
balance of $576 million, a 32 percent
jump over the prior quarter. The
company has determined that a staff
expansion of at least 100 new team
members was necessary to support
its growing volume.
"Rates are retreating to near
historic lows, which is creating an
incredible opportunity for military
families to refinance and reduce their
mortgage payments by an average of
$2,000 a year," said Retired Rear
Admiral Thomas Lynch, chairman of
NewDay USA. "I am proud that we
can help the families of veterans and
active-duty servicemembers save
money through their VA loan
benefits."
Many of NewDay's employees are
recruited from local colleges after
graduation. Once on board, new
recruits receive an extensive
mortgage education at NewDay USA
University, the company's Ivy
League-styled, in-house learning
institution, where they are trained
specifically to help military
servicemembers and veterans with
their home financing needs.
"Our staff is one of the besteducated workforces thanks to the
major investments we have made in
NewDay University," NewDay USA
Founder and Chief Executive Officer
Rob Posner said. "It's these high
achievers who will be running the
mortgage industry in the next
decade, many of whom will remain in
the area and continue contributing to
Baltimore's economy."
Mortgage Professionals to
Watch
l Alan Cicchetti, executive
director of Brokers Compliance
Group and director of agency
relations for Lenders
Compliance Group, has
announced his retirement.
l Quicken Loans Mortgage
Services (QLMS) has
announced the promotion of
continued on page 75


http://www.NationalMortgageProfessional.com http://www.concordchurchfinance.com

NMP - November 2019

Table of Contents for the Digital Edition of NMP - November 2019

Contents
NMP - November 2019 - CT1
NMP - November 2019 - CT2
NMP - November 2019 - Cover1
NMP - November 2019 - Cover2
NMP - November 2019 - 1
NMP - November 2019 - Contents
NMP - November 2019 - 3
NMP - November 2019 - 4
NMP - November 2019 - 5
NMP - November 2019 - 6
NMP - November 2019 - 7
NMP - November 2019 - 8
NMP - November 2019 - 9
NMP - November 2019 - 10
NMP - November 2019 - 11
NMP - November 2019 - 12
NMP - November 2019 - 13
NMP - November 2019 - 14
NMP - November 2019 - 15
NMP - November 2019 - 16
NMP - November 2019 - 17
NMP - November 2019 - 18
NMP - November 2019 - 19
NMP - November 2019 - 20
NMP - November 2019 - 21
NMP - November 2019 - 22
NMP - November 2019 - 23
NMP - November 2019 - 24
NMP - November 2019 - 25
NMP - November 2019 - 26
NMP - November 2019 - 27
NMP - November 2019 - 28
NMP - November 2019 - 29
NMP - November 2019 - 30
NMP - November 2019 - 31
NMP - November 2019 - 32
NMP - November 2019 - 33
NMP - November 2019 - 34
NMP - November 2019 - 35
NMP - November 2019 - 36
NMP - November 2019 - 37
NMP - November 2019 - 38
NMP - November 2019 - 39
NMP - November 2019 - 40
NMP - November 2019 - 41
NMP - November 2019 - 42
NMP - November 2019 - 43
NMP - November 2019 - 44
NMP - November 2019 - 45
NMP - November 2019 - 46
NMP - November 2019 - 47
NMP - November 2019 - 48
NMP - November 2019 - 49
NMP - November 2019 - 50
NMP - November 2019 - 51
NMP - November 2019 - 52
NMP - November 2019 - 53
NMP - November 2019 - 54
NMP - November 2019 - 55
NMP - November 2019 - 56
NMP - November 2019 - 57
NMP - November 2019 - 58
NMP - November 2019 - 59
NMP - November 2019 - 60
NMP - November 2019 - 61
NMP - November 2019 - 62
NMP - November 2019 - 63
NMP - November 2019 - 64
NMP - November 2019 - 65
NMP - November 2019 - 66
NMP - November 2019 - 67
NMP - November 2019 - 68
NMP - November 2019 - 69
NMP - November 2019 - 70
NMP - November 2019 - 71
NMP - November 2019 - 72
NMP - November 2019 - 73
NMP - November 2019 - 74
NMP - November 2019 - 75
NMP - November 2019 - 76
NMP - November 2019 - 77
NMP - November 2019 - 78
NMP - November 2019 - 79
NMP - November 2019 - 80
NMP - November 2019 - Cover3
NMP - November 2019 - Cover4
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201912
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201911
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201910
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201909
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201908
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201907
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201906
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201905
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201904
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201903
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201902
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201901
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201812
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201811
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201810
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201809
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201808
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201807
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201806
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201805
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201804
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201803
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201802
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201801
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201712
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201711
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201710
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201709
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201708
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201707
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201706
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201705
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201704
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201703
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201702
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201701
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201612
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201611
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201610
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201609
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201608
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201607
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201604
http://www.nxtbookMEDIA.com