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TMCNet:  Cal Ripken Jr. Teams Up with NewDay USA, LLC

[December 04, 2012]

Cal Ripken Jr. Teams Up with NewDay USA, LLC

FULTON, Md. --(Business Wire)--

NewDay USA, LLC, one of the nation's leading VA, reverse and government mortgage lenders and a member of the Chrysalis Holdings family of companies, today announced that baseball legend Cal Ripken Jr. will serve as spokesperson for the company's philanthropic activities, community outreach efforts and the education and training initiatives of NewDay USA University, which prepares college graduates for successful careers in mortgage banking. Terms of the multi-year agreement were not disclosed.

"We are thrilled that Cal Ripken will now work with NewDay USA," said Rob Posner, CEO of NewDay USA. "He embodies loyalty, integrity and dedication to both hard work and teamwork - values that the team at NewDay USA emulate as we strive for excellence in both our service to our customers and in our commitment to our employees' career development. Through the Cal Ripken, Sr. Foundation, Cal and his family epitomize the phrase 'giving back to the communities where we live and work' and NewDay USA shares this same commitment."

NewDay USA champions the work of several philanthropic groups that help to meet the needs of veterans, military families and active-duty service members. Its philanthropic partners include Renovating Hope, Purple Heart Homes, the National Coalition for Homeless Veterans, the Nation Trust for the Wounded Warriors and the annual Military Bowl in Washington D.C. benefiting the USO. The company is also a long-time, generous supporter of Maryland's statewide Special Olympics programs.

"We are proud and honored that Cal Ripken will represent NewDay USA in our efforts to do what is right by the men and women who have served our country so honorably and selflessly," said Rear Admiral Tom Lynch (USN - ret.), chairman of NewDay USA.

In addition to serving as spokesperson for NewDay USA's philanthropic activities, Ripken will headline outreach campaigns in local communities that focus on career development, employee recruitment and NewDay USA University, a state-of-theart educational initiative designed to prepare current employees and new recruits for successful careers in mortgage banking.

"During my visits to NewDay USA's headquarters I have been impressed with the teamwork, work ethic and commitment to career advancement that was displayed at all levels of the organization," said Ripken. "NewDay USA's philanthropic initiatives and professionalism led by an unmatched board and senior staff made them an organization I very much wanted to be aligned with. I am pleased to represent NewDay USA and its efforts to create opportunities for young people, support members of the armed services and help families in communities across the nation."

Cal Ripken, Jr. is baseball's all-time Iron Man. In 1995, Ripken broke Lou Gehrig's Major League record of 2,130 consecutive games played. He voluntarily ended his streak on September 20, 1998 after playing 2,632 consecutive games. Ripken retired from baseball in October 2001 after 21 seasons with the Baltimore Orioles. His on-field success laid the foundation for the legacy Ripken has been building in the business world ever since he hung up his cleats. He founded Ripken Baseball with the aim of forging the future of baseball by creating remarkable experiences for young ballplayers and fans of all ages. Under his leadership, Ripken Baseball has opened two major youth baseball facilities while also owning and operating multiple minor league franchises and developing parks across the country through Ripken Management and Design.

In 2001 Ripken and his family created the Cal Ripken, Sr. Foundation, which uses baseball as a hook to positively impact the lives of disadvantaged children across the country.

About NewDay USA, LLC

An industry leader committed to playing its part in supporting a vibrant, healthy housing market, NewDay USA, LLC is a nationwide VA, FHA and reverse mortgage lender. The company focuses on helping active military personnel, veterans and their families, and the nation's seniors achieve their financial and housing goals. In addition, NewDay USA operates a builder-correspondent lending division, creating relationships with builder-owned mortgage companies to meet the home purchase loan needs of their clients. The company's workforce is highly trained, and the work environment is designed to support both best practices in mortgage lending and career growth for mortgage professionals.

NewDay USA is the exclusive provider of mortgage lending for Veterans of Foreign Wars (VFW) members, and is among the top providers of reverse mortgages in the U.S. In keeping with its commitment to helping past and current members of the U.S. armed services, the company is a major philanthropic partner of Purple Heart Homes and the National Coalition for Homeless Veterans. Community service and giving back in the form of volunteerism also plays a big role among the NewDay USA workforce.

NewDay USA is a key holding of Chrysalis Holdings, LLC, a premiere private investment company focused on the financial services industry. For more information about NewDay USA, visit www.newdayusa.com.

About Chrysalis Holdings, LLC

Chrysalis Holdings, LLC, is a premiere investment company focused on building and growing successful businesses and intellectual capital within the financial services industry, and developing companies focused on leveraging technology and data analytics to propel sales and marketing efforts to the next level. Chrysalis provides early stage capital, infrastructure development and management expertise to growth oriented companies within its target markets. Key holdings include NewDay USA, LLC, and Chrysalis Analytics, LLC.


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