New American Funding Strengthens Leadership to Enhance Retail Division Performance Nationwide

New American Funding (NAF), a well-respected independent mortgage lender in the industry, has recently made significant leadership changes within its retail division to further drive growth across the nation. This strategic move involves the promotion of Pat Bolan's deputy, Tony Blodgett, who will direct retail operations in the Western United States. Alongside him, Andy Pettola has been entrusted with leading retail efforts in the Eastern United States. Both executives will report directly to Bolan, who remains the chief retail and reverse mortgage officer.

The changes come as NAF seeks to consolidate its position within the increasingly competitive mortgage landscape. Under Bolan’s guidance, Blodgett and Pettola will oversee a retail framework comprising 270 branches and a sales team of nearly 1,400 loan officers and branch managers. Their primary focus will be on engineered growth strategies and effective recruitment practices, ensuring that NAF remains appealing to top talent in the industry.

Driving Strategic Growth for Enhanced Market Share

Bolan lauded both Blodgett and Pettola for their proven track record, stating, “Tony and Andy have consistently demonstrated a forward-thinking approach to growth, driving NAF's expansion and significantly increasing our market share over the past few years.” Their strategic positions will allow them to implement innovative sales strategies necessary to elevate NAF’s competitive advantage in the market.

Blodgett, who currently holds the title of Executive Vice President of National Retail Sales for the West, will not only spearhead operations in the Western region but will also manage the North Mid-West Division directly. Meanwhile, Pettola will retain his leadership role overseeing both the Northeast and Southeast Divisions, thus continuing to streamline NAF's operations across diverse U.S. regions.

These appointments signify NAF's commitment to strengthening its retail leadership team, focusing on meticulous planning and execution of retail strategies that will ensure sustained success in the mortgage lending industry.

A Commitment to Excellence in Mortgage Lending

NAF has been acknowledged for its impressive achievements, including being included in the Fortune 100 Best Companies to Work For® in 2025. Additionally, the firm received recognition as one of America’s Greatest Workplaces for Women in 2025 by Newsweek, attributing to its focus on creating an inclusive and supportive environment.

Bolan emphasized the importance of cultivating effective partnerships among team members to accelerate performance and achieve ambitious goals. As both Blodgett and Pettola step into their pivotal roles, they will lead their respective teams in developing effective sales strategies and recruiting outstanding loan officers. This focus on acquisition and retention stands as a testament to NAF’s vision for the future of its retail lending operations.

In conclusion, the recent leadership transformations at New American Funding showcase the company's intent to further consolidate its impact on the mortgage landscape. With such prominent figures at the helm, NAF is well-positioned to continue its growth trajectory and solidify its status as a leader in the competitive mortgage industry landscape.