NewDay USA Names New SVP of Loan Origination and Business Development

FULTON, Md., March 4, 2020 /PRNewswire/ -- NewDay USA, one of the nation's leading VA mortgage companies, today announced Franco Greco as senior vice president of loan origination and business development. NewDay USA is poised for substantial growth and is building a leadership team to fulfill its mission to help one million veteran families achieve the American dream of homeownership.

"Franco has shown outstanding leadership in building the success of our loan origination business as well as our recruiting effort. His work has been instrumental to our company's success," said NewDay USA Founder and CEO Rob Posner. "Our leadership team represents the next generation of our nation's mortgage banking leaders who will continue to drive the company's noble purpose to see every veteran become a homeowner."

Greco was promoted to VP in 2017 and led the company's VA Home Loan origination team.  In this role, he developed the company's Management Leadership Program to identify the posterity for NewDay.  

Greco also led the company's recruiting effort which has driven growth in the NewDay USA team from 300 to 600 over the past three years.  As senior vice president of loan origination and business development, Greco will develop and grow the NewDay team to over 1000 by 2021.

Greco graduated from Salisbury University with a bachelor's degree in history and also studied sales, marketing, and political science. He started his career as a sales manager at Vector Marketing and then went on to be a TAS Agent at New York Life, one of the largest life insurance companies in the US, before his transition to NewDay.

"It's an honor to serve our nation's veterans and to assist in developing the future of NewDay mortgage bankers," Greco said. "It is my purpose to serve those who have served."

NewDay USA is dedicated to making homeownership possible for all of the nation's servicemen and women, veterans and their families. 

About NewDay USA

NewDay USA is a nationwide VA mortgage lender focused on helping active military personnel, veterans, and their families achieve their financial and housing goals. NewDay, which was named a Best Military Lender by National Mortgage Professional, is also a Ginnie Mae (GNMA) approved issuer/servicer. The company employs best practices in mortgage lending and career growth for mortgage professionals. Consistent with its mission, NewDay is a philanthropic partner of numerous organizations focused on assisting military veterans and their families in need. The NewDay USA Foundation provides four-year scholarships to the children of fallen and severely disabled military veterans to attend JROTC military high schools across the nation. The company is also a major philanthropic partner of the Medal of Honor Foundation, the USO, Boulder Crest Retreat for Military and Veteran Wellness, and is a major sponsor of the Military Bowl. Community service and giving back in the form of volunteerism also play a significant role among the NewDay USA workforce. NewDay USA is a registered trade name of New Day Financial, LLC (NMLS # 1043), which is a key holding of Chrysalis Holdings, LLC, a premier private investment company focused on the financial services industry. For more information about NewDay USA, visit www.newdayusa.com.

SOURCE NewDay USA