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
Rithm Capital announces $250M preferred stock offering
Jan 14, 2026Rithm Capital offers $250 million in Series F preferred stock at 8.75% to fund investments and corporate needs after major 2025 acquisitions.
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Newrez to allow crypto assets in mortgage qualification without liquidation
Jan 13, 2026 -
Newrez invests in HomeVision, partners on AI underwriting platform
Jan 07, 2026 -
Rithm crosses $102B in investable assets with Crestline acquisition
Dec 02, 2025 -
Newrez wholesale leader Tony Kottenbrock talks about growing non-QM
Oct 31, 2025 -
Newrez posts best monthly mortgage volume since 2022, seals Wells Fargo deal
Oct 30, 2025 -
Mortgage leaders on embracing consolidation and AI innovation
Oct 22, 2025 -
Rithm to acquire Paramount Group in $1.6B deal
Sep 17, 2025 -
Rithm Capital adds $17B in assets with Crestline acquisition
Sep 04, 2025 -
Caliber Home Loans fined $2.3M for overcharging California borrowers
Aug 18, 2025 -
Rithm closes $483M non-QM securitization as product hits record high
Aug 12, 2025 -
Rithm to buy $1B in home improvement loans
Aug 05, 2025
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