New American Funding has announced the hiring of Scott Frommert as chief financial officer. Frommert, who has 12 years of mortgage banking experience, will be working in several key areas with the company. Frommert’s primary responsibilities as New American CFO will be centered on managing the company's finances, which will include strategic business planning, management of financial risks, and development of robust financial reporting with a continued focus on automation and process efficiencies.
“The culture, technology, leadership and the NAF360 environment are the reasons I chose to join New American Funding,” said Frommert. “I’m looking forward to helping more individuals become homeowners and I’m excited to grow my career with such an amazing company.”
With his industry knowledge and leadership, Frommert is looking forward to applying his mortgage and financial knowledge to New American Funding and being able to keep up on the latest macro and microeconomic patterns and translating them into business strategies. He also enjoys participating in peer groups and bench-marking and learning from the greater financial services community.
“We’re thrilled to have Scott Frommert be a part of the New American Funding family,” said Rick Arvielo, chief executive officer of New American Funding. “Scott has a passion for the American dream and enjoys being able to help more people become homeowners, which makes him a great fit for New American Funding. Not only does he have great leadership skills, but his drive and commitment are already making a huge impact with the company.”