New Penn taps new regional manager for non-QM channel

by Ryan Smith07 Nov 2017
New Penn Financial has tapped industry veteran Phil Grossfield as western regional sales manager of its dedicated non-QM channel.

Grossfield brings more than 25 years of sales and leadership experience to the role. In his new position, Grossfield will focus on building New Penn’s non-QM sales force.

Prior to joining New Penn Financial, Grossfield managed one of the nation’s top-producing wholesale branch operations. He was also a record-breaking salesperson for a top-10 national lender.

Founded in 2008, New Penn Financial has been recognized as one of the country’s fastest-growing private companies by Inc. Magazine. New Penn is licensed in 48 states and has more than 140 branches across the country.


Related stories:
Nonprime vs. subprime
Investor appetite growing for non-prime mortgage bonds
 

COMMENTS

Poll

Should CFPB have more supervision over credit agencies?