MBA Honors New American Funding With Leadership Award for Diversity and Inclusion – NMP Skip to main content

MBA Honors New American Funding With Leadership Award for Diversity and Inclusion

Oct 24, 2017
New American Funding has named Sean Casey Senior Vice President of Retail Sales for Arizona and Texas

The Mortgage Bankers Association (MBA) has recognized New American Funding with its Diversity and Inclusion Residential Leadership Award for Market Outreach Strategies for companies with more than 1,000 employees. MBA Chairman David Motley presented Co-Founders Rick and Patty Arvielo with the award during MBA’s 104th annual convention and expo in Denver.
 
The Marketing Outreach Strategies Award salutes New American Funding’s hard work, dedication, and creativity in developing Latino Focus Committee and New American Dream. MBA commended both initiatives as exemplary diversity and inclusion programs that are reaching the industry’s fastest-growing market segments.
 
“It’s an honor to receive this recognition. We’re passionate about making an impact,” said New American Funding President Patty Arvielo. “We believe it’s our responsibility to develop effective programs that equip more hard-working Americans with the opportunity to become viable homeowners.”
 
Arvielo established both initiatives as a means of serving underserved consumers. In 2013, she formed Latino Focus to enrich the Hispanic community with affordable homeownership opportunities; in May, New American Funding furthered that commitment by pledging to lend $25 billion in new mortgages to Hispanic borrowers by 2024.
 
Arvielo also created New American Dream as an avenue for educating African-American consumers and to equip them with access to relevant home loan options. Since then, she has become a frequent guest of Armstrong Williams’ Sirius XM Urban View radio show, where she has educated African-American consumers regarding homeownership.
 
Due to her role as a national housing advocate, earlier this year, CFPB appointed Arvielo to its Consumer Advisory Board. She’s also a member of the Corporate Board of Governors for the National Association of Hispanic Real Estate Professionals (NAHREP); and in 2016, the LA Times recognized Arvielo’s contributions by honoring her with its Latinos de Hoy Business Award for stellar leadership and service.

 
About the author
Published
Oct 24, 2017
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026