Robert Posner, Chief Executive Officer
Robert Posner is the Chief Executive Officer of NewDay USA and Chrysalis Holdings, LLC. In this capacity, he has served, and continues to serve, as the chief architect behind the company’s strategic plans, positioning NewDay Financial as a mortgage industry leader in leveraging technology to increase sales and customer satisfaction.
In 2007, Mr. Posner led the Chrysalis Holdings’ acquisition of LendingSpace, the technology company that designed the mortgage loan origination systems for Key Bank and Champion Mortgage. Today, the LendingSpace system helps NewDay Financial mortgage professionals in determining the best products and streamlining the loan processing for their customers.
In 2008, Mr. Posner spun off the Analytics Division from NewDay USA to create Chrysalis Analytics, LLC, which provides analytics services, Automated Valuation Models (AVM’s), and client acquisition programs to the financial services industry.
As a Federal Housing Administration (FHA) Direct Endorsement Underwriter, Mr. Posner brings great focus and insight into managing credit risk and underwriting. To Mr. Posner’s credit, the global bank, HSBC, ranked NewDay USA number one out of 250 lenders in loan performance and return on equity. Today, NewDay USA is ranked among the best performing FHA lenders in the nation.
In addition to his work with the Chrysalis family of companies, Mr. Posner serves on the board of directors for Purple Heart Homes and is actively involved in philanthropic efforts with the
National Coalition of Homeless Veterans and Special Olympics of Maryland.
Career Highlights:
- Over 15 years of experience in mortgage banking
- Architect of NewDay's information technology strategy, CA's C-Score products, and the Company's Information Driven Marketing strategy
- Led the acquisition of LendingSpace in 2007
- Founded predecessor operations in 1999
