New Penn Financial
Banking11-50 Employees
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Recent Acquisition New Penn Financial was acquired by New Residential Investment Corp in July 2018, indicating a consolidation in the mortgage sector that may present cross-selling opportunities for financial products and services related to home financing and investment.
Technological Adoption The company has integrated advanced technologies such as automated underwriting systems through partnerships with LoanScorecard and Integra Software Systems, which highlights its focus on innovative digital solutions potentially open to new technology suppliers or service enhancements.
Market Expansion Launching products like SmartFunds and expanding automated underwriting offerings positions New Penn Financial as a competitive player in the non-QM and alternative mortgage markets, presenting opportunities to offer specialized financial tools or compliance solutions tailored to these segments.
Strategic Partnerships Collaborations with organizations like Cultural Outreach, Freddie Mac, and LoanScorecard reveal a strategic approach toward training, government alignment, and process efficiency, suggesting openings for additional partnership or consulting services to reinforce operational growth.
Growth Potential Although the company's revenue remains in the $10 million to $25 million range with a relatively small team, its active product launches and industry partnerships suggest ongoing growth prospects and a need for scalable solutions in technology, marketing, and customer engagement.
New Penn Financial uses 8 technology products and services including Facebook Pixel, AngularJS, Chart.js, and more. Explore New Penn Financial's tech stack below.
| New Penn Financial Email Formats | Percentage |
| FLast@newpennfinancial.com | 96% |
| First.Last@newpennfinancial.com | 2% |
| LFirst@newpennfinancial.com | 2% |
Banking11-50 Employees
Learn about working at New Penn Financial. Join LinkedIn today for free. See who you know at New Penn Financial, leverage your professional network, and get hired.
New Penn Financial's revenue is estimated to be in the range of $10M$25M
New Penn Financial's revenue is estimated to be in the range of $10M$25M