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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®. 

 

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MBS RECAP: Bonds Erase Losses as Trade Deal Underwhelms

Posted To: MBS Commentary

Bonds were leading off in a slightly friendly direction during the overnight session, largely because we hadn't really heard from China with respect to yesterday's trade deal drama. Nonetheless, it seemed like more concrete steps were being taken, so markets were willing to move in a risk-on direction (better for stocks, worse for bonds) in general. The whole "not hearing from China" thing was validated right out of the gate with headlines suggesting China had concerns about US agricultural purchase requirements. Shortly thereafter, Trump tweeted harsh criticism for a WSJ article. Almost everyone assumed he was referring to yesterday's article that blew the lid off the trade deal agreement. With those two updates, suddenly, the deal didn't look like a sure thing and...(read more)

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Mortgage Rates Bounce After Trade Deal Update

Posted To: Mortgage Rate Watch

Mortgage rates were somewhat distressed , to say the least, after yesterday's various news stories pertaining to the US/China trade deal. For a variety of reasons, that's the biggest consideration for financial markets at the moment, and interest rates are no exception. Rates were pushed to the upper edge of their recent range as the signing of the first phase of the trade deal looked increasingly likely by the end of the week. While both sides basically acknowledged the progress on the deal (and even the probability that it will be signed), it was not, in fact, actually signed. Additionally, several details still need to be cleared up before that happens. The absence of a more concrete trade deal conclusion proved beneficial for rates. As far as underlying bond markets are concerned, much...(read more)

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