September 18, 2014 3:21 AM ET

Thrifts and Mortgage Finance

Company Overview of New Penn Financial, LLC

Company Overview

New Penn Financial, LLC operates as a mortgage lender in the United States. It offers fixed rate, adjustable rate, and jumbo loans; and FHA, veteran administration, real estate investor, home improvement, interest only, foreign national, HARP refinance, and homepath loans. The company was incorporated in 2007 and is based in Plymouth Meeting, Pennsylvania. It has office locations in Auburn, Alabama; Scottsdale, Arizona; Concord and Roseville, California; Dover, Newark, and Middletown, Delaware; Miami, Fort Lauderdale, Tampa, Tampa Bay, West Palm Beach, Maitland, Clearwater, and Estero, Florida; Alpharetta, Georgia; Rosemont and Oak Forest, Illinois; Columbia, Gaithersburg, and White Marsh, M...

4000 Chemical Road

Suite 200

Plymouth Meeting, PA 19462

United States

Founded in 2007





Key Executives for New Penn Financial, LLC

Chief Executive Officer and President
Age: 53
Chief Operating Officer
Chief Credit Officer
Vice President of Operations
Vice President
Compensation as of Fiscal Year 2014.

New Penn Financial, LLC Key Developments

New Penn Financial, LLC Names Lisa Schreiber as New Vice President of Correspondent Lending

New Penn Financial, LLC announced the appointment of Lisa Schreiber as its new Vice President of Correspondent Lending. A proven leader with over 25 years of success in the mortgage industry, Schreiber will work at the New Penn corporate headquarters inPlymouth Meeting. Schreiber will oversee New Penn's correspondent lending team and will be responsible for growing the correspondent business channel in which mortgage bankers - utilizing New Penn loan products - originate, write and sell loans to New Penn. Prior to joining the company, Schreiber held senior management positions with financial services companies such as Ellie Mae, TMS Funding, NetMore America, American Brokers Conduit and Bank of America.

New Penn Financial, LLC Appoints Brian Simon as Chief Operating Officer

New Penn Financial, LLC announced that Brian Simon has joined the company as chief operating officer. Simon will focus on optimizing operations and systems -- ensuring that New Penn is using the most efficient, effective, and thorough processes supported by the best technologies. In his 18 years prior to joining the company, Simon helped grow Caliber Funding (as CEO), Freedom Mortgage (as COO), and Prime Financial (as EVP).

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