FULTON, Md., Oct. 24, 2016 /PRNewswire/ -- NewDay USA, a leading provider of VA loans, announces that Regina Lowrie, former chairman of the Mortgage Bankers Association (MBA) and Certified Mortgage Banker (CMB), has been appointed to the Board of Advisors of Chrysalis Holdings, LLC, a private investment company focused on mortgage banking and financial services. A key member of the Chrysalis Holdings family of companies, NewDay USA is one of the top companies in the industry serving the mortgage banking needs of veterans and active members of the armed services.
"We are immensely proud that Regina Lowrie has agreed to join the Chrysalis Holdings Board of Advisors," said Rear Admiral Tom Lynch (USN, Ret.), chairman of NewDay USA. "Regina is a renowned industry expert with more than thirty years of experience in all aspects of mortgage banking. She brings exceptional leadership abilities and knowledge to NewDay USA and Chrysalis Holdings. It is an honor to have her serve on our Board of Advisors."
Lowrie currently serves as President and CEO of RML Advisors, LLC, an independent consultant and advisory firm that provides a broad range of mortgage industry-related services to the financial services community.
"It is gratifying to be part of NewDay, which provides support for veterans, active duty service members and military families," Lowrie said. "I am pleased to be a member of the company leadership team and look forward to contributing to its efforts to help military families achieve and sustain homeownership, as well as to its other financial goals," Lowrie said.
Prior to founding RML Advisors, Ms. Lowrie served as president of Vision Mortgage Capital, a division of Continental Bank, and as senior vice president of Continental Bank. Earlier in her career, she founded and served as president and CEO of Gateway Funding Diversified Mortgage Services, where she grew the company from seven employees to 800 employees with 57 branch offices licensed in 42 states. When Lowrie sold her interest in Gateway Funding, loan production stood at $3.5 billion, and revenues were over $100 million.
In addition to her groundbreaking achievement as the first woman to chair the MBA, Lowrie served as chairman of the MBA Political Action Committee (MORPAC) and is a past member of the Fannie Mae Advisory Board.
With more than three decades of experience in purchase originations, compliance, risk management, operations management, and capital markets, Lowrie is an award-winning businesswoman with an impressive list of accomplishments. A Pennsylvania native, Ms. Lowrie was honored in 2000 by Governor Tom Ridge as one of Pennsylvania's Best 50 Women in Business.
"We are extremely pleased to have Regina Lowrie join us," said Rob Posner, CEO of NewDay USA and Chrysalis Holdings. "As we look to build the leading mortgage company serving our nation's veterans and active servicemen and women, I know the leadership team at NewDay will benefit immensely from Regina's experience as a strategic thinker and leader. Regina's leadership will be invaluable in further expanding our purchase business to help active military and veteran families achieve the American Dream. Her involvement in developing the next generation of mortgage bankers will be very impactful for our company."
About Chrysalis Holdings, LLC
Chrysalis Holdings, LLC, is a premier investment company focused on building and growing successful businesses and intellectual capital within the financial services industry. Chrysalis provides early stage capital, infrastructure development and management expertise to growth oriented companies within its target markets. Key holdings include NewDay USA, a registered trade name of NewDay Financial, LLC, and Chrysalis Analytics, LLC.
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 USA 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 plays a significant role among the NewDay USA workforce. NewDay USA is a registered trade name of New Day Financial, LLC, 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.
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SOURCE NewDay USA