NewDay USA Warms Homeless Vets for the Holidays – NMP
Industry News

NewDay USA Warms Homeless Vets for the Holidays

Dec 27, 2018

A group of homeless veterans received a warm gift just in time for the holidays.
 
NewDay USA, which focuses exclusively on providing home financing for veterans, earlier this month replaced a heating system at The Baltimore Station, which houses homeless veterans.
 
In addition, NewDay built a learning center at The Baltimore Station to help the veterans with move forward with their lives. A ribbon-cutting ceremony was held on Dec. 15 at the shelter and was attended by NewDay USA CEO Rob Posner and NewDay Chairman Rear Admiral Thomas C. Lynch, USN, Ret.
 
Posner recently hosted homeless veterans at NewDay's Fulton, Md., headquarters. After learning that many of the veterans in attendance were Baltimore Ravens fans, he invited them to join him in an NFL suite.
 
“Our duty to these veterans who all served their country honorably is to ensure that they are warm, well-fed, rehabilitated and respected,” said NewDay USA Chairman Rear Admiral Thomas C. Lynch, USN, Ret., said NewDay USA is proud to stand behind the good people of The Baltimore Station to ensure that this happens."
 
The latest support from NewDay comes as it is in the midst of promoting its Operation Home, where veterans can get 100 percent VA financing and have no out-of-pocket closing costs.
 
 
 
 
 
 
About the author
NationalMortgageProfessional.com
Link copied
Published
Dec 27, 2018
Get the NMP Daily
Industry News
Newfi And Addy AI Announce Partnership

Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending

Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending.Newfi has built innovative lending products and a modern approach to the mortgage market. As the industry evolves, the company continues to exp...

Continue reading
Analysis and Data
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Homebuyers are putting less money down than they were a year ago, another sign that increased inventory and greater negotiating room are changing the purchase market.The typical down payment fell to $27,100 in the second quarter of 2026, the lowest second-quarter dollar amou...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Industry News
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

Industry News
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

Industry News
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

C-Suite Strategies
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

Regulation and Compliance
Sep 22, 2026
MPF Expands Eligibility For Manufactured And Renovation Loans

The Mortgage Partnership Finance Program has expanded MPF Traditional eligibility for affordable loans, manufactured homes, renovations, and lender-funded assistance

Industry News
Sep 22, 2026