• March–April: Newbold Advisors, a Maryland Limited Liability Company, is born. The three founding partners bring elite mortgage-industry pedigrees spanning GSEs, Wall Street, and technology.
• First major project: financial restatement at Fannie Mae. The firm starts with a clear mission: deploy battle-tested practitioners, not career consultants.

• 2007: Shari Harrison joins as Chief Financial Officer (later named Partner in 2014; now Chief Administrative Officer)
• Early 2008: Sally Bartholmey assists as Outside Counsel, later joining as General Counsel in early 2011
• January 2008: Founding partner Terry Couto serves as Interim CFO of Secondary Marketing at Countrywide Financial, the nation’s largest mortgage lender, gaining firsthand insight into the unfolding crisis
• March 6, 2008: Terry Couto’s Wall Street Journal op-ed, Some Mortgages Should Fail, is published, calling for a market-clearing deleveraging process. The Society of Industrial and Office Realtors, in their Q3 2008 report, cites his op-ed as a defining voice in the crisis
• Mortgage originations collapse 31% from 2007 to 2008; independent mortgage companies contract sharply, and warehouse lending dries up
• Newbold positions itself early to help servicers and banks with surging loss mitigation, delinquencies, and operational challenges.

• Newbold starts placing talent directly at client sites (insourcing model)
• October 2009: Jason Bohrer joins as Managing Director and becomes Partner (later returns as CEO and President in 2025)
• The team proves its value during the global financial crisis with deep mortgage banking expertise. Clients include the largest U.S. banks, GSEs, and servicers

“When the market collapsed in 2008, Newbold’s mortgage industry experts proved invaluable to those who desperately needed talent.”

• Dodd-Frank Wall Street Reform and Consumer Protection Act signed (July 2010), creating sweeping new compliance obligations
• Newbold successfully leads or assists with mission-critical projects at many of the largest banks, mortgage companies, and GSEs and has firmly established itself as go-to crisis consultant
• Client demand shifts from pure advisory to strategic transformation + large-scale operational staffing. Servicers request hundreds of staff for compliance and regulatory response
• Newbold makes a calculated bet: ramps up infrastructure and assumes greater operational risk to meet the surge

• Early 2011: 400 consultants deployed to clients, supported by only eight back-office employees led by CFO Shari Harrison
• Newbold leases its first Dallas-area facility (space for up to 200), followed quickly by a second (up to 325 more) – a strategic move as Texas is becoming a hub for major non-bank servicers
• 2011: Michael Wade joins as Managing Director (named Partner in January 2014)
• By late 2011: Begins evolution from mortgage banking expertise into technology services (system conversions and implementations)
• By late 2012: Outsourcing business grows to employ 900 professionals

• Newbold formally expands into Mortgage Technology Services: originations systems, servicing platforms, secondary marketing, risk management, and accounting system conversions
• Newbold deploys consultants into sophisticated secondary market and risk management roles

• 2014: Chad Moyer joins to drive Staffing and Direct Hire business, becomes Partner (now Chief Revenue Officer in 2026)
• Staffing division emerges as a formalized revenue stream with a heavy focus on IT. The delivery engine was created to support Consulting, Solutions and the Staffing side of Newbold's business
• 2015: Monica Lee joins to head recruiting (now Managing Director of Recruiting)
• 2017-2018: Neal Allen (Sr. Business Development Manager) and Chrissie Thrash (Managing Director) join to drive staffing and direct hire services

• 2020: Jennifer Miller joins to launch and lead marketing operations (now Chief Marketing Officer)
• 2021: David Solomon joins as Senior Director, Mortgage Banking and Capital Markets Practice Lead (now Sr. Director, Financial Services Practice), bringing deep expertise in mortgage servicing
• 2021: Amy Paulishak joins as Senior Director, Financial Services Delivery, specializing in end-to-end solutions for mortgage originations

• November 2025: Industry veteran Jason Bohrer, CMB, returns as CEO & President
• Brian McCloskey joins as Senior Talent Acquisition Manager, bolstering the recruiting team with deep FinTech and mortgage talent acquisition expertise
• Stephen M. McGurl, CMB joins as Sr. Director, Governance, Risk & Compliance Practice, bringing senior-level strategic guidance on regulatory compliance, risk management, and governance for mortgage banking clients
• Linda Naylor joins as Principal, Mortgage Strategy & Transformation, delivering high-impact operational strategy, transformation initiatives, and mortgage industry leadership

Twenty years after three founders sat down in that Cleveland Park bistro, one thing hasn’t changed: we’re still real people who genuinely care about helping other real people succeed.

We stand shoulder-to-shoulder with our clients: mortgage lenders, servicers, banks, and fintech teams. And we listen closely to what they need and work side-by-side to make it happen. Whether it’s cutting through regulatory complexity, modernizing operations, strengthening compliance and risk programs, or building stronger teams, we show up as trusted partners who treat every challenge like our own.

Because at Newbold, it’s always been personal. We remain deeply committed to our clients, just as we promised on day one. Here’s to the next 20 years of shared success!