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Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman

Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman

by Phil Hall | Feb 27, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

NewDay USA, the West Palm Beach, Florida-headquartered mortgage lender focused on the veteran community, has hired Brian D. Montgomery as vice chairman of the company’s advisory board. Montgomery is the only individual to serve as commissioner of the Federal...
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

by Phil Hall | Nov 4, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

NewDay USA has rolled out NewDay Home, a product designed to help veterans and servicemembers achieve homeownership. According to the West Palm Beach, Florida-based company, NewDay Home enables qualifying borrowers to secure a fully underwritten, credit- and...
CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans

CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans

by Phil Hall | Aug 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has fined New Day Financial (NewDay USA) $2.25 million for problems related to active duty servicemembers and veterans seeking cash-out refinance loans. New Day Financial is a nonbank direct mortgage lender headquartered...

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