The Remarkable Rise of Women in the Mortgage Industry

60 minutes

Categories: DEI Compass | DEI

Join us as we celebrate Women’s History Month and reflect on the great strides women have made in the mortgage industry – considering it wasn’t until 1974 that they could get a mortgage without a co-signer!

Hear how Patty Arvielo, CEO of New American Funding, worked her way up from a clerical position at a credit reporting agency to become the co-founder of one of the largest independent mortgage lenders in the nation.

Living by the credo “with risk comes reward,” Patty shares how to grow a mortgage business during challenging economic times while also fostering growth and opportunity for women. Her company has been recognized multiple times as one of the best workplaces in the U.S. by FORTUNE and Great Place to Work®, including Best Workplace for Women.

In this 60-minute moderated discussion, we’ll cover:

- Succeeding in a male-dominated industry
- Overcoming challenges along the way
- Juggling work/life balance
- Paving the way for others through mentorship
- Becoming an ally in the workplace

Afterwards, participate in a Q&A session.

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Patty Arvielo

Patty Arvielo

CEO & Co-founder, New American Funding

Patty has been a leader in the mortgage industry for nearly 40 years. She has worked her way up from the bottom rung and gained extensive knowledge of the entire industry along the way. Over the course of her career, she functioned in a variety of capacities, from underwriting to processing to her current role as co-founder and CEO of New American Funding.

Since she and her husband, Rick Arvielo, launched their mortgage company in 2003, it has become the largest Latina-owned private mortgage company in the nation, appearing on Inc. 5000’s list of Fastest Growing Companies in America eight times. Thanks to her dedication to creating an inclusive and encouraging environment, New American Funding has also become one of the best places to work in the entire country.

Paula Maggio

Paula Maggio

EVP – General Counsel & Secretary, MGIC

Paula is an executive vice president and the general counsel and secretary of MGIC Investment Corporation and MGIC. She joined the company in 2018. Before joining MGIC, Ms. Maggio served in the same role for two years at Retail Properties of America, Inc., and she served for 15 years in various leadership positions at Strategic Hotels & Resorts, Inc. Previously, she was in private practice with the law firm Altheimer & Gray. She holds a BA and JD from the University of Illinois at Urbana–Champaign.