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NAF partners with Patch to become its exclusive mortgage provider

Housing Wire

Independent mortgage lender New American Funding (NAF) has partnered with hyper-local news platform Patch to become its exclusive mortgage provider, the company announced on Tuesday. “People in different areas are looking for different things, so we want to highlight the mortgage solutions that best meet their individual needs.”

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NAF taps Mosi Gatling for newly created executive role

Housing Wire

California-based New American Funding (NAF), which recently acquired Draper and Kramer Mortgage Corp. Last year, she produced about $78 million in mortgages, consisting mainly of Federal Housing Administration (58.8% of the total) and purchase loans (93.5%), according to the mortgage tech platform Modex.

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Nations Lending, Carpenter Realtors launch Commitment Mortgage

Housing Wire

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We Nations Lending originated $3.43

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Tane Cabe talks reverse mortgage industry challenges, software development

Housing Wire

Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s s reverse division to transition back into a role as a reverse mortgage broker. People are interested in getting reverse mortgages and talking about them,” he said. I really do like that,” Cabe said. “[On

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Top-producing Draper and Kramer LOs spurn NAF

Housing Wire

Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. This is reflected in data collected by the mortgage tech platform Modex and the Nationwide Multistate Licensing System (NMLS). NAF, founded in 2003 by Patty and Rick Arvielo , originated $8.4 billion in mortgages in 2023.

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New American Funding partners with Matic Insurance and OneSource Solution

Housing Wire

New American Funding ’s partnership with Matic Insurance and OneSource Solution will provide insurance and home setup services for existing and new customers while NAF is processing the loan. Mortgage customers can bundle food, wind, auto, pet, life and other personal lines of insurance through NAF Insurance, which is powered by Matic.

Insurance 362
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New American Funding enters the joint ventures space

Housing Wire

Multi-channel mortgage lender New American Funding (NAF) is entering the joint ventures arena, offering multiple JV models in a margin-compressed and highly regulated industry. Under the JV model, partners will have access to NAF’s infrastructure and mortgage originating process. The two lenders will each own 50% stake in the JV.

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