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2021 HW Woman of Influence: Marianne Mainardi

Mainardi_Marianne

Marianne Mainardi has built her distinguished career, complete with a talented team, by putting people first. As NewRez’s Head of Correspondent Lending, Mainardi is responsible for the company’s largest production channel and manages a bicoastal team of more than 200 people. Mainardi joined NewRez at the end of 2019 when New Residential Investment Corp. purchased assets from Ditech Financial out of bankruptcy. She subsequently helped her entire team from Ditech transition to NewRez and catapulted NewRez’s correspondent business into an undisputed industry leader. Despite the onset of the COVID-19 pandemic, which caused Mainardi’s business to pause production for more than 60 days, Mainardi’s team achieved record performance in 2020. Following the brief pause, Mainardi ensured that her platform continued to operate at the highest level with no change or deterioration in product output. She led her team to success in 2020 by retooling NewRez’s correspondent channel, which enabled her team to work more efficiently. Through her efforts, she consolidated three lending platforms into a single one, doubled capacity and reduced turn times to meet demand and growing customer intake. Under Mainardi’s leadership, her team grew funded volumes by 240% and lock volume by 230% in 2020 relative to 2019, improving NewRez’s Correspondent Lending rank to 6 in 2020 from 13 in 2019.

Name:

Marianne Mainardi

Title:

SVP, Correspondent Lending

Company Name:

NewRez

3d rendering of a row of luxury townhouses along a street

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