December 10, 2016 12:54 AM ET

Thrifts and Mortgage Finance

Company Overview of New Penn Financial, LLC

Company Overview

New Penn Financial, LLC offers mortgage lending products and services in the United States. It offers fixed rate, adjustable rate, and jumbo loans; and FHA, veteran administration, real estate investor, 203(k) streamline, used mortgage, home improvement, HARP refinance, interest only, and foreign national loans. The company was incorporated in 2007 and is based in Plymouth Meeting, Pennsylvania. It has office locations in Auburn, Alabama; Scottsdale, Arizona; Concord, Roseville, Pasadena, Temecula, and San Diego, California; Dover, Newark, Middletown, Rehoboth Beach, and Wilmington, Delaware; Miami, Coral Springs, Tampa, Panama City, Maitland, and Marco Island, Florida; Alpharetta, Georgia; ...

4000 Chemical Road

Suite 200

Plymouth Meeting, PA 19462

United States

Founded in 2007

Phone:

484-594-1000

Fax:

484-530-2689

Key Executives for New Penn Financial, LLC

Chief Executive Officer and President
Age: 55
Chief Operating Officer
President of Originations and Corporate Technology
Chief Credit Officer
Executive Vice President of Retail Lending
Compensation as of Fiscal Year 2016.

New Penn Financial, LLC Key Developments

New Penn Financial L.L.C. Hires Amy Brandt Schumacher as President, Originations and Corporate Technology

New Penn Financial L.L.C., has hired Amy Brandt Schumacher as president, originations and corporate technology. She had been COO for Prospect Mortgage.

New Penn Financial Announces Appointment of Brian Mitchell as Executive Vice President Retail Lending

New Penn Financial announced the appointment of Brian Mitchell as its new Executive Vice President, Retail Lending. A proven leader with over 20 years of success in the mortgage industry, Mitchell will be based out of Dallas, TX. Mitchell will oversee all of New Penn’s Retail business channel originations, including its Preferred Distributed Retail division and its Shelter Joint Venture Retail team. The addition of this EVP role will enable more unified coordination between the two groups in terms of recruiting, hiring, onboarding, training, marketing, operations, and overall channel growth. Prior to joining New Penn Financial, Mitchell held senior management positions with financial services companies including Pacific Union Financial, Envoy Mortgage, and National City Mortgage (PNC Bank).

Similar Private Companies By Industry

Company Name Region
120dB Films, Inc. United States
1st 2nd Mortgage Co.of N.J., Inc. United States
1st Integrity Mortgage, Inc. United States
1st Palm Financial Services, LLC United States
1st Point Lending, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact New Penn Financial, LLC, please visit www.newpennfinancial.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.