Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
7.00%0.01
MortgageReal Estate

2018 HW Insiders: Michael “Mo” Oursler

Chief Credit Officer, NewDay USA

Chief Credit Officer Mo Oursler is the architect of NewDay USA’s accelerated underwriting program, a series of fast-track career training courses that enables young mortgage professionals to earn the MBA’s Certified Residential Underwriter Designation, a specialized designation that demonstrates mastery of the specific skills needed to underwrite residential mortgages.

Michael "Mo" Oursler, chief credit officer, NewDay USA

Since launching the program, six NewDay USA employees have graduated and there are another 32 set to graduate in the next 12 months. In December, NewDay USA posted a 61% increase in revenue over the past three years, an accomplishment company officials credit to Oursler’s leadership, training and underwriting expertise.

Since joining NewDay in 2012 as a mortgage processor, Oursler rose quickly through the company’s ranks – first as VP of processing, then VP of secondary marketing and vice president of underwriting, where he managed a team of 40 underwriters.

“From his natural leadership skills, to helping dozens of mortgage professionals achieve the most advanced underwriting abilities, and for his commitment to serving American veterans, Mo has become an incredible asset to his organization.”

Most Popular Articles

Latest Articles

An open letter to President-Elect Trump: A housing market in crisis 

As the rest of the country waits, debates, and predicts an economic recession, the United States housing market has been languishing in a historic one for nearly 3 years. Economists and market participants love airplane analogies (soft landing, no landing) so I’ll dust off my epaulets and declare the state of housing a “crash landing.” 

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please