NewRez
NewRez, originally called New Penn Financial, is a mortgage originator and servicer that was founded in 2008 and is headquartered in Fort Washington, Pennsylvania. Licensed to lend in 49 states, NewRez operates multiple lending channels, including Correspondent, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners.
NewRez’s servicing division consists of its performing loan servicing division, NewRez Servicing, as well as its special servicing division, Shellpoint Mortgage Servicing. NewRez also has several affiliates that perform various services in the mortgage and real estate industries.
The parent company of NewRez, New Residential Investment Corporation, acquired Caliber Home Loans in August 2021, combining NewRez and Caliber platforms into a premier financial services company.
Latest Posts
Synergy One to take over Newrez distributed retail mortgage operations
Jul 08, 2026Synergy One will assume Newrez’s distributed retail business, as Newrez doubles down on JVs and direct channels in a bid for long-term growth.
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Lenders wrestle with the nuances of modern credit score pricing
May 20, 2026 -
Newrez debuts Rezi Mortgage Assistant in ChatGPT for lender-specific guidance
May 14, 2026 -
Rithm Capital raises $500M in unsecured debt
May 13, 2026 -
Big mortgage lenders stay profitable, but cracks emerge as rates climb
May 12, 2026 -
Newrez sticks to pricing discipline, lifts Q1 earnings even as mortgage volume falls 18%
Apr 28, 2026 -
Freddie Mac securitizes first wave of Newrez mortgages with VantageScore 4.0
Apr 24, 2026 -
Newrez faces Washington state enforcement action over alleged servicing failures
Apr 08, 2026 -
Newrez rolls out TitlePass program, waiving lender title insurance on some refis
Mar 09, 2026 -
Newrez fuels Rithm Capital’s 2025 profit and servicing growth
Feb 03, 2026 -
Rithm Capital expands partnership with Valon to deploy operating system
Feb 02, 2026
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