Press & News
Some of the latest headlines on our products and services, leaders, company growth, and more.
New Penn Financial Acquires Shelter Mortgage
National mortgage lender New Penn Financial, LLC today announced its acquisition of Shelter Mortgage Company, a full-service mortgage lender headquartered in Milwaukee, WI.
New Penn Financial Recognized as Top Ten Customer-Rated Lender
For the second time in six months, New Penn Financial has been singled out as a top ranked national mortgage lender.
Shellpoint Partners Announces Resurgent Mortgage Servicing Acquisition
Shellpoint Partners wholly owned subsidiary, New Penn Financial, acquired Resurgent Mortgage Servicing from Resurgent Capital Services.
New Penn Financial Ranks Among Fastest-Growing Companies In Country
For the second consecutive year, national lender New Penn Financial, LLC has been named one of the fastest growing private companies in America.
New Penn Financial Ranks in the Top 20 Among Mortgage Lenders Nationally
The National Mortgage Lender Also Ranks in the Top 10 in Volume Gain.
The Securities and Exchange Commission Has Declared Effective Shellpoint's Shelf Registration Statement
Shellpoint Partners LLC (“Shellpoint” or the “Company”), a New York-based specialty finance company formed in 2010, today announced that the Securities and Exchange Commission (the “SEC”) has declared effective Shellpoint’s shelf registration statement (the “Shelf Registration Statement”). Shellpoint filed the Shelf Registration Statement through its subsidiary depositor, Shellpoint Mortgage Acceptance LLC (“Shelly Mac”), and through Shelly Mac may now issue public residential mortgage-backed securities (“RMBS”) off of its shelf.
New Penn Financial Announces Enhanced Jumbo Mortgage
Nationwide lender New Penn Financial, LLC has lowered pricing and expanded guidelines on its Jumbo Advantage mortgage program, a portfolio product that is available through brokers and mortgage bankers, and is also offered directly to consumers.
New Penn Financial Sponsors Philadelphia Bike Race
National mortgage lender New Penn Financial, LLC today announced its sponsorship of the Philly Cycling Classic to be held June 2, 2013.
Tips To Determine Whether to Refinance Your Home Mortgage
With interest rates hitting record lows, homeowners across the country continue to refinance their mortgages. According to the Mortgage Bankers Association, applications for mortgage refinancing increased 8% between the second and third weeks of January alone.
Mortgage Rates Approach All-Time Lows
With mortgage rates dropping to historic lows and government initiatives making it easier to restructure housing loans, homeowners and new homebuyers are making moves to save substantial money on their biggest investment. According to New Penn Financial, LLC , a national mortgage lender, this could be a once-in-a-lifetime opportunity.