Rob Posner

Washington DC-Baltimore Area Contact Info
679 followers 500+ connections

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About

Robert Posner is the Founder and Chief Executive Officer of NewDay USA and CEO of…

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Experience & Education

  • NEWDAY USA FOUNDATION INC

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Volunteer Experience

  • NEWDAY USA FOUNDATION INC Graphic

    Founder and Co-Chairman

    NEWDAY USA FOUNDATION INC

    Social Services

    Posner has contributed 5% of NewDay USA net profits to the NewDay USA Foundation, which is a philanthropic partner of numerous organizations focused on assisting military veterans and their families in need. The company will contribute $10 million to the Foundation in 2020 to support its ongoing programs. Community service and volunteerism play a significant role in the NewDay USA workforce and culture. NewDay USA has earned several awards for its workplace environment and corporate culture.

Publications

  • NewDay USA CEO Rob Posner Expects 10% Increase in 2019

    PR Newswire

    Rob Posner, founder and CEO of NewDay USA, a national VA mortgage lender, announced a forecast for 10 percent growth in VA loan volume for 2019 over last year. He said NewDay USA's total origination volume for this year is expected to reach $2.4 billion, compared to $2.2 billion in 2018.

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  • Veterans Seeking Homeownership Need Protection

    Washington Examiner

    The VA loan offers tremendous benefits in helping veterans and their families realize the American dream of home ownership. This loan is helpful because it is guaranteed, backed by the Department of Veterans Affairs. It allows veterans to purchase a home without a down payment. Since the Department of Veterans Affairs Established the VA Home Loan program in 1944, more than 20 million VA home loans have been guaranteed under the program. But a harmful lending practice called “loan churning”…

    The VA loan offers tremendous benefits in helping veterans and their families realize the American dream of home ownership. This loan is helpful because it is guaranteed, backed by the Department of Veterans Affairs. It allows veterans to purchase a home without a down payment. Since the Department of Veterans Affairs Established the VA Home Loan program in 1944, more than 20 million VA home loans have been guaranteed under the program. But a harmful lending practice called “loan churning” occurs when lenders make repeated offers to lower a veteran’s home loan interest rate by a negligible amount, often times by a quarter percentage point or so.

    See publication

Organizations

  • U.S. Chamber of Commerce Capital Markets Competitiveness

    Member of Board of Directors

  • University of Maryland - Ed Snider Center for Enterprise and Markets

    Member of Board of Directors

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