New American Funding hires Craig Stammler to oversee Western markets

By Housing News

Craig
Stammler
has
joined


New
American
Funding

(NAF)
as
a
regional
vice
president,
the

California
-based
mortgage
lender
announced
Tuesday.

Stammler,
who
previously
worked
for

loanDepot
,

Wells
Fargo

and

Countrywide
,
will
be
responsible
for
overseeing
the
company’s
southern
Idaho
and
northern
California
markets.
His
duties
include
growth
of
existing
teams,
managing
profitability
and
development
of
branch
leadership.

Craig
Stammler

In
a
statement,
Stammler
said
that
NAF’s
“excellent
culture
and
leadership,“
supported
by
top
executives

Rick
Arvielo

and

Patty
Arvielo
,
stood
out
in
his
search
to
work
for
a
top-15
mortgage
company.

“I
am
particularly
excited
about
the
chance
to
expand
the
brand
in
Northern
California
and
Southern
Idaho,“
Stammler
said.
“Working
with
National
Sales
Leader
Tony
Blodgett,
we’ve
positioned
ourselves
to
effectively
compete
in
the
California
Jumbo
loan
market.
NAF’s
extensive
servicing
portfolio
and
co-branding
capabilities
equip
us
to
navigate
market
challenges
efficiently.“

In
announcing
the
hire,
NAF
noted
that
Stammler
previously
grew
his
San
Francisco
Bay
Area
division
at
loanDepot
from
$200
million
to
$3
billion
in
annual
production.
He
has
also
served
as
a
board
member
for
a
number
of
trade
groups,
including
the

Asian
Real
Estate
Association
of
America

(AREAA)
and
the

National
Association
of
Hispanic
Real
Estate
Professionals

(NAHREP).

“We
are
extremely
excited
Craig
has
joined
NAF
to
lead
and
grow
our
Idaho
and
Northern
California
markets,“
chief
production
officer
Pat
Bolan
said
in
a
statement.
“Craig
has
a
proven
track
record
of
attracting
top
talent
and
leading
salespeople
to
high
achievement.“

Recently,
NAF

rebranded
its
Black
homeownership
initiative

in
an
effort
to
recruit
and
educate
more
loan
officers
while
boosting
Black
homeownership
rates.
In
February
2024,
shortly
after

acquiring

Draper
and
Kramer
Mortgage
Corp.
,
NAF

hired
Mosi
Gatling

for
its
newly
created
role
of
senior
vice
president
of
strategic
growth
and
expansion.

According
to
data
from

Scotsman
Guide
,
New
American
Funding
was
the
nation’s
13th-largest
mortgage
lender
in
2023.
It
originated
$9.7
billion
in
volume
across
more
than
33,500
loans.

 

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