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Newrez, Rithm's mortgage company, recorded an origination and servicing segment pre-tax income of $247.7 million.
That will affect 265 employees in Colorado and Arizona, per the WARN notices
WARN Notices were filed the day after Computershare Mortgage Services, SLS acquisition closed.
RezSource targeted to low-income borrowers and first-time homebuyers.
Neil Merritt joins Houston-based lender from similar role at NewRez
Program is designed to assist first-time homebuyers.
