Press Releases
Company News
September 6, 2011
Channel enables broader distribution of non-agency loans
August 15, 2011
Expanded Investor Loan Program provides greater options for real estate investors.
July 1, 2011
New Penn Financial, LLC, a nationwide lender, has introduced a portfolio of new mortgage programs designed to fill the gap where Agency and Government programs end.
June 1, 2011
Shellpoint Partners LLC, a specialty finance company, announced today that it has completed the acquisition of New Penn Financial, LLC, a leading originator of FHA/VA and Agency Conforming loans, based in Plymouth Meeting, Pennsylvania.
March 15, 2011
New Penn Financial, LLC, a leading nationwide lender, announced that mortgage lender Preferred Trust has joined New Penn, creating a mortgage lending firm with 24 branch offices and over 400 employees.
November 15, 2010
New Penn Financial, LLC, a leading nationwide mortgage lender, today announced the appointment of Bob Wexler as its Vice President of the newly formed Financial Services Division. New Penn’s Financial Services Division provides wholesale and correspondent mortgage lending to brokers, banks and credit unions.
October 1, 2010
Leading mortgage lender New Penn Financial, LLC has launched a new funding division to aid homebuyers interested in homes in need of repair, which are often discount priced. By offering the Federal Housing Administration's 203(k) loan, New Penn enables individuals to unlock opportunities in the rehab market that may have been inaccessible with a conventional bank mortgage.
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