New American Funding Honored by Fortune as One of America’s Best Workplaces for Diversity – NMP Skip to main content

New American Funding Honored by Fortune as One of America’s Best Workplaces for Diversity

Dec 05, 2017
New American Funding has named Sean Casey Senior Vice President of Retail Sales for Arizona and Texas

 
Fortune and Great Place to Work have named New American Funding as one of the top workplaces for diversity in the United States. New American Funding ranked 42nd in the nation on the third annual list, which is based on employee feedback and the amount of diversity within an organization’s workforce.
 
Great Place to Work evaluated several areas, including fair treatment in the workplace, opportunities for advancement, and access to senior leadership. Among the employees surveyed, 97 percent believe New American Funding has a great atmosphere.
 
 
“We’re passionate about diversity and inclusion. It’s at the heart of what we do at New American Funding. It’s built into our culture’s DNA,” said Co-Founder and President Patty Arvielo. “Therefore, we count it a tremendous honor to be acknowledged by Fortune for creating an outstanding work environment for all employees.”
 
Arvielo, a long-time diversity champion, has successfully established a company that’s 43 percent minority and 58 percent women, with many holding C-level positions. She has developed a culture where diverse groups have the opportunity to advance through an initiative known as, “If you want to grow, we want to know.” She also invests time in helping women progress in their career through her quarterly mentorship program.
 
As well, Arvielo has created opportunities for employees to provide more services to diverse consumers and communities. Through Latino Focus Committee and New American Dream, employees are educating Latinos and African-Americans who want to become homeowners. Earlier this year, the company pledged to lend $25 billion in new mortgages to Hispanic borrowers.


 
About the author
Published
Dec 05, 2017
Rocket Makes VantageScore Its Default After Testing Finds Borrower Savings

After four months of testing, Rocket will make VantageScore 4.0 its preferred model for eligible retail loans while keeping both scoring options available to brokers

Sep 29, 2026
CHLA: More Freddie Mac MBS Buying Could Narrow Mortgage Spreads

Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying

Sep 23, 2026
Early Loan-Limit Race Splits Into Three Tiers

Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits

Sep 23, 2026
Better, Garg Clash Over Claimed 46% Shareholder Support

Better disputes its former CEO’s preliminary consent count as the two sides trade accusations and an Oct. 2 target date approaches

Sep 23, 2026
Fannie Changes How Rent From A Former Home Counts

Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac