NewDay Financial Names Gavin Brady as President, VA Mortgage Division

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Industry Expert to Lead the Company's Expanding Market Presence, Focus on VA Programs and Other Government Lending

Today, NewDay Financial's growth is driven through its focus on government mortgage loan originations, with an emphasis on serving the needs of veterans

NewDay Financial, LLC, one of the nation's fastest-growing mortgage companies, today announced that Gavin Brady has joined the company as president of its VA Mortgage Division. Brady will oversee all sales and operations activities related to VA mortgage originations, including the company's retail branch network and day-to-day operations.

"Today, NewDay Financial's growth is driven through its focus on government mortgage loan originations, with an emphasis on serving the needs of veterans" said Rob Posner, CEO, NewDay Financial. "Gavin is a strong addition to the NewDay executive team. We are fortunate to have an executive with such extensive past experience in retail consumer-direct lending to oversee VA mortgages."

Brady has worked in the mortgage banking business for more than 30 years. Most recently, he served as senior vice president at Financial Freedom (a subsidiary of OneWest Bank, FSB), where he was responsible for the retail reverse mortgage business, an operation that included 300 field sales agents, a centralized lending platform, direct marketing and pricing/product development. He has served in leadership roles at organizations that include Financial Freedom, Home 1-2-3, and The Money Store.

"As the company expands its presence and heightens its focus on VA and other government loan programs, we have a remarkable opportunity to demonstrate the effectiveness of this organization and its strategic focus on quality mortgage products and outstanding customer service," said Brady. "Over the years I've led efforts to build and grow technology-driven, retail consumer-direct lending organizations. I am excited to join

NewDay Financial, and I look forward to leading efforts that grow our VA mortgage business and leverage the company's IT-driven marketing infrastructure."    

NewDay Financial is a VA-approved lender. Information about its VA home equity and refinance loan programs is available at http://www.newdayveterans.com or over the phone at 800-995-0341. NewDay Financial is also a HUD-approved reverse mortgage lender. Seniors can call 1-800-410-4201 for information or visit http://www.newdayreverse.com, where seniors and their family members can learn more about reverse mortgages, apply online or schedule a call with a reverse mortgage specialist. In addition, NewDay Financial retail branch offices serve customers in select markets, including the Chicago, Philadelphia, Baltimore and Washington D.C. metropolitan areas, as well as Austin, Texas.

About NewDay Financial, LLC
NewDay Financial, LLC, is a nationwide VA and FHA approved lender and a HUD-approved reverse mortgage lender offering a wide range of mortgage-based products to homeowners with a variety of needs and goals. In 2010, NewDay Financial was among the top 10 providers of reverse mortgages in the U.S. The company is the exclusive provider of mortgage lending for Veterans of Foreign Wars (VFW) members.

CONTACT:
Name    Debra Kaufmann
Email    dkaufmann(at)collingwoodllc(dot)com
Phone     202.626.9724        

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