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
NewRez to acquire Caliber in $1.7B deal
Apr 14, 2021New Residential Investment Corp. (NewRez) has agreed to buy Caliber Home Loans from Lone Star Funds for $1.675 billion, 1X book value.
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In a super-low rate environment, how can lenders get purchase loans done without putting refis on the back burner?
Aug 18, 2020 -
NewRez looking to hire 750 positions in origination division
Aug 14, 2020 -
2020 HW Woman of Influence: Debbie Knotts
Aug 03, 2020 -
Lenders, servicers zero in on recapture as refinances soar
Jul 27, 2020 -
NewRez partners with real estate agents in Atlanta, Cleveland to launch 2 new mortgage companies
Dec 26, 2019 -
Homeownership investment startup Landed expands into mortgages
Nov 20, 2019 -
2019 Rising Star: Bijoy John
Jun 03, 2019 -
Non-QM lending on the rise with two more lenders expanding their offerings
Apr 11, 2019 -
New Penn Financial is now officially NewRez
Jan 07, 2019 -
In wake of New Residential acquisition, New Penn Financial rebranding as NewRez
Dec 06, 2018
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