Designated financial NewDay CFO Doug Douglas, as the company works to expand and invest Veterans Affairs mortgage services.
In his new position, Douglas is responsible for strategic planning, treasury and cash management, accounting and financial analysis. NewDay Douglas joins more than three decades of experience in the mortgage industry, serving most recently as executive vice president of business processes of American Home Mortgage.
He also spent time as CFO of Columbia PaineWebber Mortgage Finance National and the president of Columbia Real Estate Investments.
?He is a valuable addition to our organization,? said CEO Rob Douglas NewDay Posner, ?and will play an important role in our success in our task for the ambitious goals of continuous growth, with special emphasis on VA loans, temporary and the mortgage market. ?
NewDay Financial is a country of VA Administration, Federal Housing and reverse mortgage lender offering a wide range of products based on mortgages for homeowners. In 2010, NewDay Financial was one of the top 10 providers of reverse mortgages in the country.
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Source: http://reverse-mortgages.info/reverse-mortgage-lending/
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