Newday Usa Names Executives To Head Up New Mortgage Program

NewDay USA on Wednesday announced two leadership appointments to help lead the launch and expansion of the company’s new mortgage offering, NewDay Home — a program that allows veterans to purchase a home with no down payment and no money out of pocket for closing costs.

Ken Harthausen has been named president of NewDay Home’s Builder Division, while Neil Brooks has been named president of NewDay Home.

“Ken and Neil both embody the heart of NewDay and our core mission to help Veteran families achieve the American Dream of homeownership,” Rob Posner, CEO of NewDay USA, said in a statement. “Their track records in building partnerships, delivering results, and serving Veteran families will help us achieve our goal of supporting the military community throughout the homebuying process.”

“Homeownership represents a promise fulfilled to those who have served,” said Thomas C. Lynch, executive chairman of NewDay USA. “Ken and Neil will help us deliver on that promise by bringing decades of experience, innovation, and leadership to our mission of putting one million Veterans in homes.”

Having spent more than two decades in mortgage lending and builder programs, Harthausen most recently served as vice president of national strategic alliances at loanDepot, where he drove strategic builder partnerships.

Harthausen also founded Countrywide Home Loans‘ Builder Joint Venture Program, growing it from scratch into the largest in the nation. Before that, he also built PHH Mortgage Corp.‘s Builder Division and led initiatives across national sales strategy and operational execution at GE Capital.

In his new role, Harthausen will oversee efforts to forge partnerships with homebuilders nationwide, expanding outreach to eligible veteran buyers.

“It is an incredible privilege to be part of NewDay USA’s relentless mission to break down barriers to homeownership for our nation’s heroes,” Harthausen said. “By partnering with transformational builders serving the military community nationwide, we are creating real opportunities for Veterans to have a place to call home.”

Brooks, a U.S. Navy veteran, also brings more than 20 years of real estate leadership and success to NewDay USA. He most recently worked as a top-producing Realtor at My Home Group in Scottsdale, Arizona.

Brooks has ranked among the top 1% of Realtors in Arizona for more than a decade and was recognized by The Wall Street Journal and Zillow as No. 7 in Arizona and No. 247 nationwide for production in 2017.

Brooks has also consistently held the top-producing agent position at Century 21 Arizona Foothills. In his new role, he will lead the launch of NewDay Home and its national network of real estate agents, all of which have been vetted and certified through the Admiral Certification Program.

“Helping Veterans find a home is more than a job – it is a commitment to those who have served and sacrificed for our country,” Brooks said in a statement. “NewDay Home gives Veterans and military families the opportunity they have earned to succeed in today’s housing market and buy a home without a single dollar down.”