NewDay Financial Joins National Coalition for Homeless Veterans as Platinum Sponsor

FULTON, Md., April 26, 2011 /PRNewswire/ -- NewDay Financial, LLC, one of the nation's fastest-growing mortgage companies, today announced its Platinum Sponsorship of the National Coalition for Homeless Veterans (NCHV).  By contributing at this highest sponsorship level, NewDay Financial joins the ranks of elite organizations - including Fannie Mae, Lockheed Martin, Northrop Grumman, and Eli Lilly - that champion NCHV's work on behalf of homeless veterans.

NCHV is a nonprofit organization that serves as a resource and technical assistance center for a national network of community-based service providers and local, state and federal agencies that provide support for hundreds of thousands of homeless veterans each year.  

"The government and nonprofit sectors have made encouraging progress toward ending and preventing homelessness among veterans, but lasting, long-term  solutions to this problem will only be possible if companies and individuals in the private sector step up to the plate and get involved, too," said Rob Posner, CEO, NewDay Financial.  "NewDay Financial's Platinum Sponsorship of the National Coalition for Homeless Veterans is a 'first step'.  We see this relationship in terms of an ongoing commitment, and we plan to be very involved as the scope of NCHV's service to the nation's homeless veteran assistance community expands."

Early in 2009, President Barack Obama announced that ending veteran homelessness would be a priority of his administration.  Putting the priority into practice, VA Secretary Eric Shinseki introduced the agency's Five-Year Plan to End Homelessness Among Veterans. Secretary Shinseki and Housing and Urban Development Secretary Shaun Donovan have pledged their personal support of the community-based organizations represented by NCHV.  

"On behalf of the more than 100,000 veterans who are homeless in the U.S., as well as the more than 2,100 organizations that serve veterans in crisis nationwide, we welcome NewDay Financial into our membership," said John Driscoll, President and CEO, NCHV.  "During tough economic times, when private, public and nonprofit organizations all must do more with less, the sizable sponsorship contribution from NewDay makes a meaningful difference.  We are also very pleased that the team at NewDay is determined to play an ongoing leadership role in the campaign to end veteran homelessness."

"At NewDay Financial, lending to veterans through Veterans Administration home loan programs is our primary business, and while our growth strategies as a company are based on lending to veterans, our commitment to the men and women who serve in the armed services goes beyond meeting home financing needs," Posner noted.  "Our organization is dedicated to giving back by doing the right thing for veterans - men and women who have answered the call and made heroic sacrifices."

The NCHV website, www.nchv.org, is a content-rich resource offering a wealth of information, guides, "how-to" instructions, and other materials for veterans, veterans-services providers, donors, and anyone interested in policy and legislative matters impacting homeless veterans.  

NewDay Financial is a VA-approved lender and the company is the exclusive provider of mortgage lending for Veterans of Foreign Wars (VFW) members.  Information about its VA home equity and refinance loan programs is available at www.newdayveterans.com or over the phone at 800-995-0341.  In addition, NewDay Financial retail branch offices serve customers in select markets, including the Chicago, Philadelphia, Baltimore and Washington D.C. metropolitan areas, as well as Austin, Texas.

About NewDay Financial, LLC

NewDay Financial, LLC, is a nationwide VA, FHA and reverse mortgage lender offering a wide range of mortgage-based products to homeowners with a variety of needs and goals. In 2010, NewDay Financial was among the top 10 providers of reverse mortgages in the U.S.  The company is the exclusive provider of mortgage lending for Veterans of Foreign Wars (VFW) members.  

SOURCE NewDay Financial, LLC