NewDay USA: fast-growing mortgage lender adds leading voice for veterans

Former Maryland Governor Bob Ehrlich Joins NewDay USA Board of Advisors

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FULTON, MD – NewDay USA, one of the fastest growing mortgage lenders in the country, announced today that former Maryland Governor Bob Ehrlich, a longtime supporter of U.S. military veterans and their families, has joined the company’s board of advisors. The son of a U.S. Marine and Korean War veteran, Ehrlich has had a long and distinguished career in public service and has built a reputation as a strong supporter of the veteran and military community.

“Our advisory board plays an active role in support of our steadfast mission of helping veterans and their families achieve the American dream of homeownership and the financial security they deserve,” said Rob Posner, CEO of NewDay USA. “Governor Ehrlich’s understanding of the legislative and regulatory process, as well as his executive leadership as governor, make him an outstanding addition to our distinguished board and to NewDay’s mission of serving veteran families.”

As governor of Maryland from 2003 to 2007, Ehrlich served on the Maryland Veterans Home Commission and helped create the first cabinet-level Department of Disabilities in the country, for which he earned the Highest Recognition Award from the U.S. Secretary of Health and Human Services. Governor Ehrlich also managed the most successful military base realignment and closure strategy in the country.

Prior to serving as governor, Ehrlich served four terms in the U.S. House of Representatives. As a congressman, he co-sponsored numerous pieces of legislation to improve benefits for veterans and their families, including the Military Survivor Benefits Improvement Act of 2002 and the American Dream Down Payment Act.

“During his two decades as a public servant, Governor Ehrlich has been a tireless advocate for veterans and has led countless successful efforts to improve the quality of life for military service members and their families,” said Rear Admiral Thomas Lynch USN (Ret.), executive chairman of NewDay USA. “We are thrilled to bring someone of Governor Ehrlich’s stature, experience and public service to our board.”

Ehrlich is currently a partner and senior counsel in the government advocacy practice at the international law firm of King & Spalding. He is the author of four books on national politics, and has been a political columnist for the Baltimore Sun, National Review Online, and the Washington Examiner. In August 2018 Governor Ehrlich was named to join the investigatory commission looking into the University of Maryland’s football program.

“I wholeheartedly support NewDay USA’s ongoing mission to help veterans, active duty military service members and their families achieve their financial goals through homeownership,” said Ehrlich. “Too often, after sacrificing everything they had in order to protect our freedoms, veterans and servicemembers have struggled to fulfill the American Dream. I look forward to working with NewDay USA’s board and the executive team to create new ways to help our underserved veteran community.”
The NewDay USA board of advisors includes Rear Admiral Thomas C. Lynch (USN, Ret.), Hon. R. James Nicholson, General James L. Jones (USMC, Ret.), Hon. Joseph J. Murin, Walter Rolph, Gary Ort, Rajshree Agarwal, and David Loeser. Ehrlich is joining as the ninth member of the board.


About NewDay USA
NewDay USA is a nationwide VA mortgage lender focused on helping active military personnel, veterans, and their families achieve their financial and housing goals. NewDay USA is also a Ginnie Mae (GNMA) approved issuer/servicer. The company employs best practices in mortgage lending and career growth for mortgage professionals. Consistent with its mission, NewDay is a philanthropic partner of numerous organizations focused on assisting military veterans and their families in need. The NewDay USA Foundation provides four-year scholarships to the children of fallen and severely disabled military veterans to attend JROTC military high schools across the nation.

The company is also a major philanthropic partner of the Medal of Honor Foundation, the USO, Boulder Crest Retreat for Military and Veteran Wellness, and is a major sponsor of the Military Bowl. Community service and giving back in the form of volunteerism also plays a significant role among the NewDay USA workforce. NewDay USA is a registered trade name of New Day Financial, LLC, which is a key holding of Chrysalis Holdings, LLC, a premier private investment company focused on the financial services industry. For more information about NewDay USA, visit www.newdayusa.com