MORPAC Honors Arvielo with Schumacher-Bolduc Award

SAN DIEGO–The Mortgage Bankers Association Political Action Committee (MORPAC) honored Rick Arvielo, CEO of New American Funding, with the 2015 Schumacher-Bolduc Award.  

The presentation took place here at the association’s 102nd Annual Convention and Expo.  

The award recognizes Arvielo for his outstanding work on behalf of MBA’s political advocacy programs and the mortgage lending industry.  

“Rick is one of the most dedicated MBA members when it comes to working on behalf of MORPAC and I can think of no one who deserves this honor more,” said MORPAC Chairman Jamie Korus. “He has personally given time and resources, as well as that of his company’s, to make certain MORPAC continues to break its fundraising goals.”  

The award is named in honor of two distinguished professionals in MORPAC’s history: Ernest Schumacher, founder and first chairman of MORPAC; and Mark Bolduc, whose exemplary service as MORPAC director helped the PAC to become the political force it is today.  

This year, Arvielo led an advocacy campaign at New American Funding that was broadcast to nearly 700 employees. His leadership raised a record amount for a MORPAC company campaign, and added 75 new enrollees to the Mortgage Action Alliance, bringing their company total to more than 350 active members.  

Outside of MORPAC, Arvielo sits on the MBA Residential Board of Governors.