Inspiring through empowerment. Leading with purpose.
Raised in Palm Springs, CA, Rick grew up in a family environment embracing honesty, creativity, and industriousness. With an entrepreneurial spirit at heart, he started his first business at only 16 years old. A few years later, he launched his second business, Paradon Industries, where he focused on the myriad of advantages gained by infusing technology into the business model.
In 2001, Rick began work with an independent mortgage broker, where he developed systems to remove inefficiencies in lending. Soon after he founded Broker Solutions Inc., a business that provided optimization services to mortgage lenders.
In 2003, he combined his knowledge of mortgage with his understanding of optimization techniques, and with his wife Patty, opened the doors to New American Funding. Under Rick’s leadership, the company has evolved from a refinance call-center into the full-service, tech-driven mortgage banker it is today. His collaborative approach to productivity resonates throughout the company and into the industry.
A leader in the industry, Rick is involved in several member associations that play a vital role in the current and future states of mortgage banking. On a national level, Rick is a member of the Mortgage Bankers Association (MBA) and sits on their Board of Directors, serves in an elected position on the steering committee for the Mortgage Action Alliance Committee, sits on the RESBOG and is the 2017 - 2018 Chairman of MORPAC, the MBA’s Political Action Committee.
This year, the American Business Awards honored Rick with a Silver Stevie® Award for Executive of the Year in Financial Services and Ernst & Young recognized Rick as 2016 EY Entrepreneur of The Year® Orange County.
Just as he led the transformation of New American Funding by empowering his employees, he is working to empower Americans through home ownership.
Every person has a voice. Every voice carries meaning. We’re changing the mortgage industry, one loan at a time.
With more than 35 years of experience in mortgage, Patty has risen to the top executive ranks and become a source of lending expertise for the industry. She is co-founder of New American Funding, and in addition to her role as President of the national mortgage banker, she continues to originate loans while managing all sales and operations.
She serves as a member of NAHREP’s Corporate Board of Governors and in spring of 2013, Patty spearheaded the Latino Focus Committee within her organization, whose mission is to identify and address challenges Hispanic consumers face in their pursuit of home ownership and to enhance the quality of their lending experience.
Patty serves on the Diversity and Inclusion Committee and the Consumer Affairs Advisory Council for the Mortgage Bankers Association. She is politically involved in the current and future states of mortgage banking, and frequently visits Washington, D.C. to lobby on behalf of the industry and homeowners. In 2017, due to her vast industry background, the Consumer Financial Protection Bureau (CFPB) appointed Patty to serve on its Consumer Advisory Board to provide the agency with expertise on a broad range of consumer financial matters and emerging market trends. She is a former member of the Fannie Mae Affordable Housing Advisory Council and both Freddie Mac’s Community Lender Advisory Board and Affordable Housing Council. She has recently joined the Latino Donor Collaborative board.
Patty is the recipient of numerous accolades and recognition for her professional achievements. Among them are Ernst and Young honoring her as a winner of the 2016 EY Entrepreneur of The Year ® Orange County, winning the 2017 gold Stevie® Award for Woman of the Year, the 2016 Business Award winner by LA Times Latinos de Hoy and NBC Latino’s recent feature highlighting her life. Patty continues to lead by example, shaping both New American Funding and the housing industry overall.
In 2008, Christy was invited to join the New American Funding team to lead the company’s sales and operations. Her experience in the big platforms at Countrywide and Greenlight Financial Services gave Christy the know-how to help the mortgage banker grow to new heights.
The Chief Operations Officer recognizes the many strengths of the company: its longevity, well-established structure, strong leaders and dedicated employees. She believes the company’s quick adaptability to fluctuating market conditions ensures its stability and continual growth.