Philadelphia-based advisor known for consultative, asset-backed financing
Tagged: Newrez
Newrez CIO Felicia Grumet becomes CFO
Shellpoint and BNY Mellon seek to dismiss a class action over revived second mortgages, arguing no duty to send statements on debts discharged in bankruptcy amid growing scrutiny of “zombie lien” practices
Company says Mark McArdle’s hire reflects its commitment to ‘caring fiercely’ for homeowners, responsible participation in markets
Total funded originations for quarter for Rithm's Newrez were $11.8B, a 9% YoY increase
Strong fourth-quarter and year-end results driven by servicing acquisitions and focus on customer experience
Newrez, Rithm's mortgage subsidiary, recorded a pre-tax income of $245.9 million.
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.