Press & News
Some of the latest headlines on our products and services, leaders, company growth, and more.
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.
New Loan From New Penn Financial Ups The Ante In The Jumbo Mortgage Market
National mortgage lender New Penn Financial, LLC today announced the addition of its Shellpoint Select jumbo mortgage to the company’s product portfolio.
New Penn Financial Earns 310 Ranking On The Inc. 500
Inc. magazine has ranked national mortgage lender New Penn Financial, LLC number 310 on its annual Inc. 500 list of the fastest growing private companies in the U.S.
New Penn Financial to Participate in the New HARP Program
Leading mortgage lender New Penn Financial, LLC announced it will participate in the newly enhanced Home Affordable Refinance Program (HARP).
New Penn Financial Announces Expanded Guidelines For Portfolio Investor Product
Expanded Investor Loan Program provides greater options for real estate investors.