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Newfi Announces Strategic Expansion of Correspondent Channel

By May 7, 2024No Comments

Emeryville, CA, May 2, 2024 – Newfi is excited to announce the expansion of its correspondent business with 7 new hires, who will join their team in providing exceptional Non-QM & Second Lien support to its clients nationwide. This move demonstrates Newfi’s strength and commitment to the non-agency space.

Todd Lautzenheiser joins the team as SVP, Correspondent Sales, bringing a proven track record of over 30 years in the industry. Todd will lead several experienced professionals that have also joined Newfi Correspondent as VP, Correspondent Account Executives including Alex Clark, Joe Matteo, Michael Milich, Bill Parnell, Marty Yocum and Zeenat Zonte.

These new additions to their team bring a wealth of non-agency experience, industry expertise, and regional insight, enabling Newfi Correspondent to strengthen its market presence across the United States.

“We are all-in on the correspondent channel and non-agency space,” Steve Abreu, CEO & Founder of Newfi said. “I am excited to welcome this new team and look forward to the continued growth and innovation of Newfi in 2024 and beyond.”

Newfi Correspondent, a national Non-QM and Second Lien Mortgage Banker, offers sellers a unique proprietary product suite including alt-doc solutions for self-employed, ITIN, DSCR and a newly expanded full-doc closed-end second product. For more information, visit Newfi Correspondent’s website or LinkedIn.

About Newfi Lending NMLS ID 1231327

Founded in 2014 by industry leading experts, Newfi’s mission is to revolutionize the way people finance their futures by providing innovative solutions, cultivating a people-first mindset, and being transparent every step of the way. To learn more visit Newfi Correspondent.

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