Clare Trapasso - Profile and Journalist Details
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Editorial Director, New American Funding
New York
Beats
Biography
Clare Trapasso is the senior news editor of realtor.com, writing and editing stories about the world of residential and rental real estate. She is also an adjunct journalism professor at the St. John's University. She was previously a financial reporter at Ignites, a Financial Times company, covering the mutual funds industry. She also spent five-and-a-half years covering local news, including education, courts and all sorts of murder and mayhem, for the New York Daily News for more than five years. Prior to that, she was a reporter with the Associated Press. She has an M.A. in Journalism from New York University and served two-and-a-half years in the Peace Corps Volunteer in Independent Samoa. When she's not working, she enjoys cycling around the city, playing with her dog and eating too many delicious treats at food festivals.
co-op and apartment building) developmentsresidential real estate multi-family (condo mortgages
Content
Company Info
New American Funding
New American Funding is a prominent mortgage lender based in the U.S., founded in 2003 by Rick and Patty Arvielo. The company has grown significantly, now employing over 4,800 people and managing a servicing portfolio of more than 273,000 loans valued at over $71 billion. It is recognized as the largest Latina-owned mortgage company in the country, highlighting its commitment to diversity and inclusion. The company specializes in residential mortgage solutions, including purchase loans for first-time and move-up buyers, refinancing options, and specialized programs aimed at underserved communities. With 279 branches nationwide, New American Funding combines technology-driven efficiency with personalized service, ensuring accessibility for diverse demographics. The leadership emphasizes empowering homeownership as a means of wealth creation, particularly for historically marginalized groups. In 2023, the company celebrated its 20th anniversary and introduced a modern rebrand to reflect its innovative approach in the mortgage industry.
New York, , United States
+1 877-826-4428
Founded: 2003