NewDay USA LLC has announced that it will move into a new 60,000-square foot facility in Fulton, Md. The new facility will support the launch of NewDay USA University, an educational and training center created for new and established mortgage banking professionals. The company expects to complete the move in early 2013.
NewDay USA has seen rapid growth as the company continues its leadership in helping past and current members of the armed services, seniors and other homeowners throughout the nation to achieve their financial and housing goals. The company estimates that its workforce will reach 1,000 employees by the end of 2013.
“Through NewDay USA University, a state-of-the-art educational program, our goal is to train the next generation of mortgage bankers, which we believe will be our company’s lasting legacy," said Rob Posner, CEO of NewDay USA. "To reach this goal, we needed a facility that enabled us to create a training center that would provide a strong learning environment for new recruits as well as current employees.”
The NewDay USA University training center will provide programs for:
►New hires, who undergo an eight-week training program that teaches best practices in the mortgage industry;
►Current employees, who receive continuing education that includes professional development as well as instruction on regulatory and agency changes that impact the mortgage industry; and
►Continuing to build NewDay USA’s VA and reverse mortgage programs to further help veterans and seniors attain their financial goals.
“Mortgage banking offers a great career path, especially for young people and recent college graduates," said Rear Admiral Tom Lynch (USN retired), chairman of NewDay USA. "Educating new hires and providing continuing education to current employees has been a cornerstone of success at NewDay USA and it is a foundation in the company’s strategic plans for growth. This commitment to education and ongoing training is especially important as the mortgage industry continues to experience unprecedented change. NewDay’s programs ensure employees are always up-to-date and prepared for regulatory changes that impact all aspects of mortgage originations and loan servicing.“