New York, November 09, 2016 -- Moody's Investors Service has upgraded New Penn Financial LLC's (NPF) prime jumbo originator assessment to Above Average and affirmed NPF's expanded credit originator assessment at Average. In the assessment, Moody's reviewed NPF's loan performance and originator ability, which among other things included analyzing its ability to accurately assess borrowers' willingness and ability to repay their mortgage loans, its ability to accurately and objectively assess property value and its ability to acquire loans closed in accordance with laws and regulations. Finally, the assessment also took into account NPF's financial strength and support functions to determine its originator stability.

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