Newrez LLC

The lender is concentrating on wholesale, consumer retention, and servicing while handing off distributed retail and preparing for more than $65 million in annual technology savings

Deal adds approximately 810,000 loans and clears the way for Carrington to make ValonOS its core servicing platform

Newrez loan data shows first-time buyers still accounted for nearly half of 2025 purchase originations as home prices and borrower incomes climbed

Adoption milestone highlights industry's transition toward multiple approved credit-scoring models

Rising homeowners insurance costs are pushing lenders to expand affordability tools beyond the mortgage itself

First top-10 lender to deploy consumer-facing custom GPT, delivering real-time answers based on its lending criteria