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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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Mortgage Rates Maintaining Longer-Term Lows For Now

Posted To: Mortgage Rate Watch

Mortgage rates remained in line with 3-month lows today for the average lender. Several lenders offered marginally better terms compared to yesterday, but in those cases, the only changes were to the upfront costs associated with the same rates quoted yesterday. It's a pleasant surprise to see rates as low as they are considering several economic reports have been quite strong recently. In general, stronger economic data tends to put upward pressure on rates. That was a risk today with today's Existing Home Sales report coming in at the best levels since early 2018. But econ data isn't the only consideration for the bond market that underlies day-to-day rate movement. Low inflation, geopolitical tensions, and even concerns over the Coronavirus outbreak are just three of many other factors that...(read more)

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Existing Home Sales Highest in Nearly 2 Years

Posted To: MND NewsWire

Existing home sales rose convincingly in December, gaining 3.6 percent compared to sales the prior month. Sales of all existing home types , single-family, townhouses, condos, and cooperative apartments were higher than in November and all posted double digit increases from sales in December 2018. The National Association of Realtors® said home sales were at a seasonally adjusted annual rate of 5.54 million units in December compared to 5.35 million units in November. They were up 10.8 percent from the 5.00 million pace in December 2018. Single-family home sales were also solid, posting a gain of 2.7 percent to an annual rate of 4.92 million (compared to 4.79 million in November) and a 10.6 percent change from a year earlier. Condominium and co-op sales were recorded at a seasonally adjusted...(read more)

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