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          Business Profile

          Mortgage Banker

          NewRez LLC
          BBB accredited business seal
          BBB Accredited BusinessA-Rated by BBB
          Visit Website(231) 668-5106

          About

          Overview

          NewRez LLC

          300 E Front St Ste 240

          Traverse City, MI 49684-5773

          View Service AreaView Headquarters

          BBB Accredited Since: 1/1/2024

          Years in Business: 28

          Business Licenses

          BBB Accreditation & Rating

          NewRez LLC is BBB Accredited.

          BBB accredited business seal

          This business has committed to upholding the BBB Standards for Trust.

          Why choose a BBB Accredited Business?

          BBB Rating

          A-

          Reasons for rating

          • Failure to respond to 2 complaint(s) filed against business
          How are BBB ratings calculated?

          About This Business

          Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels including Correspondent Lending, Wholesale, Consumer Direct, Retail, and a network of Joint Venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez, owned by asset manager Rithm Capital, has several affiliates that perform various services in the mortgage and real estate industries. Overall, Newrez brings a unique combination of mortgage expertise, financial strength, and product innovation capabilities to the lending table. We believe the lending business isn't about financial transactions — it's about people.

          Business Details

          Local BBB:
          BBB in Western Michigan
          BBB File Opened:
          2/27/2024
          Business Started:
          4/1/1996
          Business Started Locally:
          4/1/1996
          Business Incorporated:
          4/1/1996
          Type of Entity:
          Limited Liability Company (LLC)
          Related Businesses:
          NewRez LLC
          Business Management:
          (Headquarters Contact): Mr. Baron Silverstein, President
          (Headquarters Contact): Mr. Michael Boland, Senior Manager

          Additional Contact Information

          Principal Contacts
          Todd Jarrold, Loan Consultant
          (Headquarters Contact): Mr. Baron Silverstein, President
          (Headquarters Contact): Mr. Michael Boland, Senior Manager
          Customer Contacts
          Todd Jarrold, Loan Consultant
          (Headquarters Contact): Mr. Baron Silverstein, President

          Licensing information

          This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

          BBB records show a license number of 20434 for this business, issued by Department of Banking and Securities-PA

          Department of Banking and Securities-PA

          Market Square Plaza, 17 North 2nd St Suite 1300

          Harrisburg PA 17101

          (717) 787-1854

          Fax: (717) 7878773

          Website

          Additional Information

          Business Categories
          Mortgage Banker

          More Resources

          BBB Reports On: Known Marketplace PracticesOverview of Ratings

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