Skip to main content

New American Funding Names Walt Nally Regional Builder Sales Manager

NationalMortgageProfessional.com
Dec 07, 2015
New American Funding has announced the appointment of Walt Nally as their regional builder sales manager for the West Los Angeles area

New American Funding has announced the appointment of Walt Nally as their regional builder sales manager for the West Los Angeles area. New American Funding’s Builder Division was established in 2012. This specialized division of home loan financing allows loan officers, borrowers, and builders the ability to work together throughout the new home construction loan process.

Nally has more than 26 years in the industry, a career he began as a loan officer in Brentwood, Calif., which ultimately led him to specialize in financing for new home construction. Nally has held previous management positions with MetLife, Bank of America and Wells Fargo. In his role with New American Funding, Nally aims to help the company become a preferred lender for newly constructed condominiums.

“I predict that there will be a push into Urban Infill development. Primarily, For Sale Housing, as many feel rents have peaked out. Quite frankly, people are tired of commuting; they want to live close to work. I believe they are willing to pay more for that luxury. If we position ourselves for that growth, we will do very well in the years to come,” Nally said.

Nally is excited to become a part of the New American Funding team and is particularly impressed with the company’s leadership.

“They seem to really care about what they are doing, care about their workers. The staff is very knowledgeable and management is very transparent. You don’t get a lot of that from other organizations,” said Nally.

Published
Dec 07, 2015
ChainLogix Appoints New Vice President, Operations

Jeryl Graham hired to accelerate growth in title & mortgage services.

Industry News
Oct 15, 2021
JPMorgan Chase To Commit $8.4M To Improve Household Stability For The Underserved

JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.

Community
Oct 15, 2021
SRE Mortgage Alliance 'Restructuring & Reorganizing'

7 p.m. UPDATE: Owner of technology-based wholesale residential mortgage lender in El Segundo to determine organization's future.

Wholesale
Oct 15, 2021
Ginnie Mae Issued Record MBS Volume In FY2021

The record $939 billion issued included nearly $73 billion in September.

Industry News
Oct 14, 2021
UWM Completes Test Of Cryptocurrency Mortgage Payments

United Wholesale Mortgage evaluated and accepted the first-ever cryptocurrency mortgage payment in September and an additional five payments in October from borrowers.

Industry News
Oct 14, 2021
Arvielo Re-Appointed To HUD Advisory Committee

Nationwide mortgage lender New American Funding’s Co-Founder and President Patty Arvielo has been re-appointed to serve on the U.S. Department of Housing & Urban Development's Housing Counseling Federal Advisory Committee.

Industry News
Oct 13, 2021