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New American Funding has been named a Top Mortgage Workplace by Mortgage Professional America for 2019. The national mortgage lender ranked No. 2 in the 500+ employee category on the inaugural report. Employees were asked to participate in a survey, which was designed to identify, recognize, and honor the best employers in the U.S. mortgage industry. From the hundreds of companies that participated, thirty-two companies made the inaugural list.

To see the full 2019 list, please visit: Mortgage Professional America

“We’re honored to have Mortgage Professional America recognize us as one of the Top Mortgage Workplaces,” said Rick Arvielo, CEO of New American Funding. “Creating a positive atmosphere where our employees enjoy coming to work every day is one of our top priorities. We truly care for our employees and value their feedback on how we can continue to make New American Funding a top workplace.”

To be eligible for the list, companies entered a two-part survey process to determine placement. The first part evaluated each company's workplace benefits and culture and the second part consisted of an employee survey. The combined scores determined the top companies and final ranking.

“We’re very excited for New American Funding and all the other organizations who made the Top Mortgage Workplaces report,” said Chris Anderson, associate publisher for Mortgage Professional America“It’s always a pleasure to recognize the organizations who create a great workplace environment for their employees.

This ranking is the latest recognition the company has received for its exceptional work environment. New American Funding has received notable accolades including a Gold Stevie® for Employer of the YearBest Workplaces for Millennials and Best Workplaces in Financial Services and Insurance by FORTUNE and Great Place to Work®. 

 

Feeds

MBS RECAP: Bonds Face Some Pressure as Correction Extends

Posted To: MBS Commentary

There haven't been many market moving headlines over the past 2 days with the exception of Germany removing the veil of secrecy from its fiscal stimulus discussions. That hit bonds on Friday and again in the overnight session. Otherwise, we've been essentially free from headline drama since Thursday afternoon (and no, Trump's dinner with Tim Cook wasn't a market mover). With all of the above understood, now consider that which came before it: plenty of headlines and plenty of gains in bonds (and losses in stocks). Putting two and two together, these news-free days have afforded the bond market (and stocks) a relatively innocuous opportunity (so far) to move in more of a corrective direction (i.e. higher yield) after 6 of the previous 11 days saw some of the biggest rallies in...(read more)

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Mortgage Rates Hold Relatively Steady Despite Bond Market Weakness

Posted To: Mortgage Rate Watch

Mortgage rates mostly held steady today , despite a move higher in broader interest rate indicators like the 10yr Treasury yield. Treasuries and mortgage rates typically track each other quite well, but that relationship has broken down in recent weeks due to the rapid drop in rates and the increase in volatility. The mortgage sector has a much tougher time adjusting to new realities compared to Treasuries. In other words, mortgage rates haven't been able to move lower nearly as quickly (though they have still managed to hit their lowest levels since 2016). The upside to that problem is that we get days like today where Treasury yields rebound without significantly damaging mortgage rates. In fact, many lenders are offering the same rates seen on Friday. Loan Originator Perspective Bond markets...(read more)

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