New American Funding Appoints Mortgage Industry Veteran Sue Silverman

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Jun 06, 2017, 15:10 ET

TUSTIN, Calif., June 6, 2017 /PRNewswire/ -- National mortgage lender New American Funding announced today that it has hired Sue Silverman for a new role within the mortgage company. Silverman, who started Monday, June 5, will be working in several key areas with primary responsibilities centered on broker relations, product development, and loan structuring.

Silverman has been in the mortgage industry for 30 years and will assist Secondary Marketing with identifying investors for New American Funding. She'll work with senior leadership in selecting new loan products to be included on the menu of program options offered by the company and will also work with Loan Originators to match consumers' needs to the best-suited products.

"I'm confident there's a loan program for nearly every borrower. I look forward to strategically problem solving as loans move through the system and working with Loan Officers to maximize their production," said Silverman. "The backbone of growth for any mortgage company is the originator so it's a privilege to be in a position where I can support them in achieving new levels."

Through her industry knowledge and leadership, Silverman helped grow a small mortgage company into a multi-billion dollar lender. She has worked with independent mortgage companies in several capacities including capital markets, investor relations, and product development.

"Sue is very well accomplished and highly regarded," said Baron O'Brien, VP of Talent Acquisition. "We know she's going to be a tremendous resource to our team of Loan Officers and our company as a whole. We're absolutely thrilled about having her on board."

"The level of experience and insight Sue brings to New American Funding will be extremely valuable," said Jan Preslo, EVP of Retail Production. "We couldn't be more excited about leveraging her expertise and passion as we continue expanding our company to greater heights."

Silverman will be based in the Greater Los Angeles market.

About New American Funding

New American Funding is a national mortgage banker licensed in 48 states with 130+ branch locations that offer a variety of home loan options including: Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo, and Reverse Mortgages. The company is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement, and VA Automatic mortgage lender.

SOURCE New American Funding