Garrison Foster has joined Veterans Affairs (VA) lender NewDay USA as senior vice president.
Foster has nearly 20 years of experience in financial services. He previously helped lead the purchase business at Veterans United and Bridgeview Bank.
He has successfully facilitated efforts that allowed more than 250,000 veterans to obtain loans for new home purchases, NewDay says in a release.
As a U.S. Marine Corps veteran, Foster is a strong advocate for military families. He strengthens NewDay’s mission to help servicemembers and retirees access their VA benefits.
His education and activism within the veteran community has raised awareness of VA benefits – with an emphasis on homeownership, financial literacy and protection from disreputable lenders.
Foster’s work includes founding the Veterans Association for Homeownership, VAhome.org, a non-profit organization to help people better understand and receive their VA benefits.
He has spoken before Congress on numerous occasions in support of the need for simplified access to VA benefits. In 2016, he helped champion the effort to add veterans to Home Mortgage Disclosure Act (HMDA) reporting, creating more transparency in VA lending transactions.