Skip to main content

NewDay USA Names Garrison Foster New SVP

NationalMortgageProfessional.com
Mar 05, 2018
NewDay USA has introduced Operation Home

NewDay USA has announced the addition of Garrison Foster as Senior Vice President to lead NewDay USA's Purchase Home Loan Division, which offers active-duty servicemembers, veterans and their families the ability to buy a home with their VA benefits.
 
Foster brings nearly 20 years of experience in financial services to NewDay, after helping to build and lead the purchase business at Veterans United and Bridgeview Bank. He has successfully facilitated efforts that allowed more than 250,000 veterans to obtain loans for new home purchases.
 
As a U.S. Marine Corps veteran, Foster is a strong advocate for military families and he strengthens NewDay's mission to help servicemembers and retirees access their VA benefits. His education and activism within the veteran community has raised awareness of VA benefits—with an emphasis on homeownership, financial literacy and protection from disreputable lenders.
 
"Garrison brings senior level talent and drive to our mission of helping veterans receive the financial services they need and the VA home loan benefits they deserve," said Rear Admiral Thomas Lynch, Executive Chairman of NewDay USA. "We are delighted to have Garrison on board.”
 
Foster's work includes founding the Veterans Association for Homeownership, VAhome.org, a non-profit organization to help people better understand and receive their VA benefits. He has spoken before Congress on numerous occasions in support of the need for simplified access to VA benefits. In 2016, Foster helped champion the effort to add veterans to the Home Mortgage Disclosure Act (HMDA) reporting, creating more transparency in VA lending transactions.
 
"Garrison will be a real partner in building NewDay into the number one VA mortgage banking company in the nation to assist veterans in taking advantage of their valuable VA benefits to purchase a home,” said Rob Posner, Chief Executive Officer of NewDay USA. “It is an honor to have a Marine combat veteran leading this effort.”

 
Published
Mar 05, 2018
Williston Financial Group, Doma Strike Deal

WFG is set to acquire Doma’s title operations, including operation centers in the Northern and Central California.

May 24, 2023
Mat Ishbia Takes A Charge At NBA Playoff Game

UWM CEO and majority owner of the Phoenix Suns involved in scuffle with Denver center Nikola Jokic

May 08, 2023
The Pitfalls Of Cash-Out Refinancing In A Rising Interest Rate Environment

Second-lien home equity loans are a far better way to take out cash

May 02, 2023
NEW YORK: How To Conquer - Not Fear - The Empire State

Roadblocks are many but payoff is worth it

May 01, 2023
RCN Capital Opens LA Office

Expansion marks lender's continued success.

Apr 26, 2023
Trigger Lead Legislation Renews Debate Over Consumer Choice

Borrowers can protect themselves from unsolicited lenders, but they could be doing themselves a disfavor

Apr 20, 2023