Cal Ripken Jr. was recently acquired by NewDay USA, one of the top lenders for VA loans and reverse mortgages in the country. He will serve as the spokesperson for the company’s philanthropic activities.
NewDay specializes in working with senior citizens, active military personnel, and veterans, and is the exclusive mortgage provider for the 1.5 million members of the Veterans of Foreign Wars.
“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.
The terms of the contract have not been released, but it’s safe to say Ripken has a no-trade clause.
“I was a free agent ... out on the open market,” Ripken joked when asked about the new job. “I am pleased to represent NewDay USA and its efforts to support members of the armed services, create opportunities for young people, and help families in communities across the nation.”
NewDay works with several groups helping to meet the needs of veterans and military families. Renovating Hope is one such group and provides home renovations and solutions for veterans and those currently serving. Ripken recently attended the Military Bowl—sponsored by NewDay USA—where he presented a $1 million donation to Renovating Hope. Such donations go to projects (like this) that help injured or financially struggling military households.
Other groups NewDay and Ripken will be working with include Purple Heart Homes, the National Coalition for Homeless Veterans, the National Trust for the Wounded Warriors, the Military Bowl, and Maryland’s statewide Special Olympics programs.
In addition to serving as NewDay USA’s official spokesperson, Ripken will headline outreach campaigns that focus on career development, employee recruitment, and NewDay USA University, an educational initiative to prepare current employees and new recruits for successful careers in mortgage finance.
The program recruits heavily from universities in the Baltimore area, where Ripken has spent most of his life playing baseball and growing up.
While Ripken doesn’t have experience in the mortgage banking sector, Joseph Murin, NewDay’s president, says it was Ripken’s reputation for good character, honesty, and hard work made the MLB legend an easy first choice for the role.
“It seems like the right partnership,” said Ripken. “I’m really enjoying the experience.”
Andrew Knight is a content producer at Builder. Follow him on Twitter @andrewatbuilder.