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Jay Jones takes charge as Newrez prepares for a multiyear technology migration involving more than 4 million homeowners
Rithm Capital is expanding its equity stake in Valon Technologies to deploy an AI-native servicing platform at Newrez, aiming to modernize mortgage operations and improve the experience for more than four million homeowners
Parent company of Newrez continues expansion beyond mortgage lending
Following strong Q2 at Newrez as Non-QM originations climb, lender’s parent company grows into private credit, insurance, and reinsurance
Transaction marks company’s fourth Non-QM deal in 2025
Parent company Rithm Capital’s CEO touts third-party servicing growth, tech efficiencies, doubling of Non-QM production forecast