Brian Simon Joins New Penn Financial as COO

New Penn Financial LLC has announced that Brian Simon has joined the company as chief operating officer. Simon will focus on optimizing operations and systems—ensuring that New Penn is using the most efficient, effective, and thorough processes supported by the best technologies. In his 18 years prior to joining New Penn, Simon helped grow Caliber Funding (as CEO), Freedom Mortgage (as COO), and Prime Financial (as EVP). An expert in process re-engineering and technology deployment, Simon helped Freedom Mortgage build its business to $1 billion-plus per month in mortgage originations. “We are thrilled to welcome Brian to the New Penn team,” said New Penn Financial President and CEO Jerry Schiano. “He thrives in rapidly growing organizations, so we have a great fit.” New Penn’s growth was confirmed by the company’s inclusion in the Inc. 500 list for 2012, ranking 310th on Inc.’s annual list of the fastest growing private companies in the U.S. “I’m pleased to join a company that has such a clear understanding of how to succeed," said Simon. "New Penn delivers what the marketplace wants: low mortgage rates, responsive service and a broad range of products that meet the needs of more borrowers.”