New American Funding receives Better Business Bureau Torch Award for Ethics

TUSTIN, Calif., Dec. 20, 2018 /PRNewswire/ -- New American Funding, a national leader in mortgage lending, is honored to have received the exclusive Better Business Bureau (BBB) Torch Award for their solid commitment to ethics and trust in the marketplace.

The award was presented Friday, Dec. 7, 2018 at a ceremony in La Jolla, California. The Pacific Southwest Division of BBB includes businesses of varying sizes that service San Diego, Orange and Imperial Counties. 

"The Torch Awards have given us the opportunity to show the community our commitment to integrity and our customers," said Rick Arvielo, CEO of New American Funding. "We have placed the highest priority on conducting business with fairness and honor and are extremely pleased the Torch Awards has recognized our efforts in this commitment."

The BBB Torch Awards for Ethics were established to recognize organizations where ethics and trust is at the forefront of their business. Companies are selected by an independent panel of volunteer community leaders based on criteria established by the Council of Better Business Bureau's International Torch Award.

The finalists were required to complete an evaluation to demonstrate their commitment to ethics in six categories:

• Leadership's Commitment to Ethical Practices
• Communication of Ethical Practices
• Leadership Practices to Unify the Organization
• Organizational Commitment to Performance Management Practices
• Organizational Commitment to Ethical Human Resource Practices
• Organizational Commitment to the Community

"Doing the right thing is not always easy, and these companies have demonstrated a commitment to ethical business practices even in the most difficult times," said Shelley Bradley, BBB Director of Programs and Special Events. "This year's winners and finalists represent BBB's community of trustworthy businesses that operate with integrity at the forefront.

For a complete list of 2018 BBB Torch Awards, go to: torchawards.bbbcommunity.org.

About New American Funding

New American Funding is a leading nationwide mortgage banker that provides today's homebuyers and homeowners with a sweeping range of mortgage solutions. The strength of our local branches, plus a centralized, cutting-edge operations center, allow us to offer exceptional service and close loans fast and on time. It has a servicing portfolio of over 110,000 loans for $27 billion, approximately 185 branches, and about 2900 employees.

SOURCE New American Funding