Patty has been a leader in the mortgage industry for nearly 40 years. She has worked her way up from the bottom rung and gained extensive knowledge of the entire industry along the way. Over the course of her career, she functioned in a variety of capacities, from underwriting to processing to her current role as co-founder and CEO of New American Funding.

 

Since she and her husband, Rick Arvielo, launched their mortgage company in 2003, it has become the largest Latina-owned private mortgage company in the nation, appearing on Inc. 5000’s list of Fastest Growing Companies in America eight times. Thanks to her dedication to creating an inclusive and encouraging environment, New American Funding has also become one of the best places to work in the entire country.

Paula is an executive vice president and the general counsel and secretary of MGIC Investment Corporation and MGIC. She joined the company in 2018. Before joining MGIC, Ms. Maggio served in the same role for two years at Retail Properties of America, Inc., and she served for 15 years in various leadership positions at Strategic Hotels & Resorts, Inc. Previously, she was in private practice with the law firm Altheimer & Gray. She holds a BA and JD from the University of Illinois at Urbana–Champaign.