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 delays Newrez public listing, eyes M&A opportunities
Jul 28, 2025Newrez posted a 19% pretax return on its $5.8 billion in equity in Q2 2025. Funded loan volume totaled $16.3 billion.
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Rithm teams up with investor to buy up to $1.5B in residential transitional loans
Jul 22, 2025 -
Rithm closes non-QM securitization, issues $500M debt offering
Jun 18, 2025 -
Newrez hires former Rocket CIO Brian Woodring
Jun 05, 2025 -
Newrez hires former CFPB exec Mark McArdle to lead mortgage policy efforts
May 01, 2025 -
The nation’s largest mortgage lenders are only getting bigger
Apr 25, 2025 -
Rithm eyes M&A, but won’t sacrifice earnings
Apr 25, 2025 -
Rithm SPAC raises $230M for future M&A deal
Mar 28, 2025 -
Rithm Capital issues mammoth $878M MSR-backed debt offering
Mar 24, 2025 -
The 29 mortgage servicers that received top marks from Fannie Mae
Feb 25, 2025 -
Newrez parent Rithm Capital posts 57% profit growth in 2024
Feb 06, 2025 -
Rithm SPAC affiliate seeks to raise $200M for acquisition
Feb 04, 2025
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