Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

New Penn Financial Adds Four New Brokerages to its Partners United Financial Mortgage Joint Venture
  • USA - English


News provided by

Powers Brand Communications

Oct 31, 2017, 03:00 ET

Share this article

Share toX

Share this article

Share toX


We are pleased to add these four new partners to our ownership team as we continue to develop our nationwide footprint.

Post this

Plymouth Meeting, PA (PRWEB) October 31, 2017 -- New Penn Financial, a nationally recognized mortgage lender, today announced the addition of four new brokerage partners to its Partners United Financial mortgage joint venture. Partners United Financial is a consortium-style joint venture (JV) that operates under the company’s Shelter Mortgage division. The JV was launched in May 2017 with founding brokerage partners HER Realtors (Columbus, OH) and Dilbeck Real Estate (Pasadena, CA). The four newest partners are Podley Properties (Pasadena, CA), C3 Real Estate (Fort Collins, CO), Lisa Burridge & Associates (Casper, WY), and Weichert ABG Properties (Louisville, KY).

“We are pleased to add these four new partners to our ownership team as we continue to develop our nationwide footprint,” said Michael Mulgrew, president of Partners United Financial.    

Unlike a traditional standalone joint venture in which one real estate company partners with one mortgage lender, the Partners United consortium-style JV is a partnership between one established lender and multiple real estate companies. This model allows real estate brokerages and builders the ability to offer their clients a complete array of mortgage services from a platform that accommodates participants’ concerns about ease of entry into the mortgage arena.

“As we explored the various mortgage opportunities available to our firm, it became apparent that the Partners United model offers us not only the full economics of a mortgage banking model (versus a mortgage brokerage), but also the opportunity to get into the JV space much quicker and with fewer hurdles than a stand-alone JV,” said Crystal Narramore, President of Podley Properties (Pasadena, CA).

Chris Derrow, the New Penn division manager who oversees the consortium joint venture, added, “The concept has been very well received by our prospective partners, and we are excited that our expansion plans are materializing as we had projected. We plan to add new builders and brokerages to our footprint on a quarterly basis.”

For more information on New Penn Financials joint venture partnerships, contact: Chris Derrow, (614) 406-2066, http://partnersunitedfinancial.com.

About New Penn Financial
New Penn Financial® has become a leading nationwide lender by bringing expertise, extremely competitive rates on a broad portfolio of mortgage products, and exceptional customer service under one roof. Founded in 2008, and licensed in 48 states, the company and its reputation have grown rapidly under the guidance of a management team with years of experience in the mortgage industry. New Penn is headquartered in Plymouth Meeting, Pennsylvania and operates offices nationwide. New Penn is a Shellpoint Partners company. More information is available at http://www.newpennfinancial.com.

About Shelter Mortgage Company
Shelter Mortgage is a leading retail residential mortgage originator predominantly focused on conforming purchase money loans generated through relationships with realtors, builders, and relocation companies. Founded in 1984 as a subsidiary of a community bank, Shelter has loan officers across the country with over 25 joint venture and partner relationships in over 30 States. Shelter has built a strong platform via its differentiated, partnership-based origination model, focus on purchase money originations and compliance-oriented culture.

About Podley Properties
Podley Properties takes pride in being an independently owned, non-affiliated real estate firm in the San Gabriel Valley and Foothills of Northeast Los Angeles County. With over 200 sales associates and 20 staff members in six offices, the Podley Properties family maintains its long-standing commitment to the foundational core values it is known for – integrity, people, innovation, and excellence.
Committed to offering the finest and most professional representation to the communities they serve, the sales associates, staff, and management team of Podley Properties understand the importance of the role they play in the lives of those they represent. The firm is dedicated to the career of every agent and providing the support necessary to empower their agents to be the valley’s best. The company was founded over 40 years ago by current chairman, Bill Podley, a REALTOR® in our marketplace.

About C3 Real Estate
C3 Real Estate Solutions was founded by John Simmons and Jesse Laner in December, 2012. They shared a vision for creating a Real Estate firm that delivers the highest level of customer service through innovative ideas, cutting edge technology and an unyielding commitment to developing leaders in real estate. Their passion, creativity and work ethic have earned local, state and national recognition. C3 focuses on hiring quality agents who are involved in the community and dedicated to their clients. With over 100 agents and 5 offices in Northern Colorado after only four years in business, C3 Real Estate Solutions was named one of Northern Colorado’s fastest growing companies in 2017. Character, Culture, Commitment is C3 Real Estate Solutions winning combination for everyone.

About Lisa Burridge & Associates
Lisa Burridge & Associates Real Estate was founded in 2001 by Lisa and Tim Burridge. As Casper natives, they identified a need for a different sort of real estate company than what the community currently offered. The Lisa Burridge & Associates Team, was the innovative solution that came from that need. Over the last 15 years, Lisa Burridge and her team have been blessed to help thousands of customers achieve their real estate goals. Along the way the Lisa Burridge team has consistently ranked in the top 50 teams in the USA, and is proud of the impact our customers have allowed us to have in Casper. For more information about our team see us at http://www.caspermls.com/about.

About Weichert ABG Properties
ABG Realtors was founded in 2004 and was invited to join the Weichert national family in 2007. Since that time we have grown significantly, with an increase in market share as well as recognition. We will continue to grow and are determined to have the finest career professionals in the area. We choose our associates carefully with the intention of exceeding our client’s expectations in every aspect of Real Estate. Our goal is to build clients for life and expand our referral base through providing a one-stop buying or selling experience. Our clients are confident that we can handle every aspect of the transaction from financing, inspections, repairs, insurance, title, and any issues that may arise. With our combined years of experience and education, our agents can handle any property in Louisville or the surrounding counties. Residential, farms, land, new construction, investments, property management and commercial. We pride ourselves on our vast knowledge and precise execution with regard to every transaction.

# # #

Beth Brindle, Powers Brand Communications, 610-308-9863, [email protected]

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.