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Fortune and Great Place to Work® have ranked New American Funding one of the best workplaces in the nation for Millennials. The Southern California-based lender ranked #46 on the 3rd annual list of 100 companies, which included a broad spectrum of industries ranging from technology to healthcare, and banking.

To see the 2017 Best Millennial Workplaces, please visit: https://www.greatplacetowork.com/best-workplaces/millennials/2017

The global research and consulting firm, Great Place to Work®, complied the list by gathering feedback from more than 398,000 employees from Great Place to Work-Certified™ companies. The firm anonymously surveyed employees who assessed their organizations based on fairness, teamwork, benefits and other elements essential to an outstanding work culture.

“We’re excited that Millennials love working at New American Funding. We strive to maintain a fun, friendly environment that our employees look forward to coming to each day,” said Katie Traviglia, HR Director. “We make it our job to put them first. Whether we’re developing fun Friday events, spirit week activities, or team-building exercises, we’re constantly thinking of ways to make our company the best employee workplace!”

New American Funding has created a culture where Millennials can succeed by designing opportunities for younger employees to move ahead through an initiative known as, “If you want to grow, we want to know”. The mortgage lender is also building a state-of-the-art training lab to support employee professional development. Due to this progressive environment, the company has attracted a diverse, inclusive workforce that has rapidly expanded into nearly 2400 employees, among which 34% are Millennials.

Consequently, New American Funding has recently received several notable accolades for its exceptional work environment including:

Read more at https://www.newamericanfunding.com/about/newsroom/fortune-and-great-place-to-work-name-new-american-funding-a-best-workplace-for-millennials/#d84QIoOLXlTQ6PQ9.99


MBS RECAP: Markets Finally Doing Interesting Things, But...

Posted To: MBS Commentary

We had to wait all the way until January 24th of 2020, but bonds finally offered their first real shred of willingness to challenge the established range of late 2019. When we talk about ranges, we use 10yr Treasuries for these reasons . In 10yr terms, the range has been 1.71 to 1.95%, which is reasonably narrow for a 3 month+ time frame. It looked like the range would be quickly crushed as war with Iran quickly entered the realm of possibility on the night of the missile attacks against Iraqi air bases. But with the de-escalation the following day, the range was actually strongly reinforced. Rates have been trickling since then without more than a 5bp move in 10yr yields until today. That same move also breaks us well below the 1.71% boundary to close at 1.686%. As we often discuss, the first...(read more)

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Mortgage Rates Drop to 4.5-Month Lows on Virus Fears

Posted To: Mortgage Rate Watch

Mortgage rates moved meaningfully lower over the past 2 days as panic over the coronavirus outbreak continues affecting financial markets. If this epidemic ends up being similar to SARS in 2003, it ultimately won't be worth as much of a drop in interest rates as we've seen so far. But the thing about brand new strains of deadly viruses is that neither the market nor the medical community knows exactly how this will unfold. Until that picture becomes clearer, the market is preparing for more dire outcomes. For whatever it's worth, the timeline of the SARS outbreak spanned 2 calendar years (2002 - 2004) but the most notable market impact was confined to the space of a single month (March 2003). We'll be a week into February before the current epidemic reaches a similar milestone. I'm basing that...(read more)

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