Business Profile
Mortgage Banker
Newrez LLCThis business is NOT BBB Accredited.
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About
Overview
Years in Business: 28
BBB Accreditation & Rating
Newrez LLC is NOT a BBB Accredited Business.
To become accredited, a business must agree to BBB Standards for Trust and pass BBB's vetting process.
Why choose a BBB Accredited Business?BBB Rating
A-Reasons for rating
- Failure to respond to 2 complaint(s) filed against business
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 Serving Metropolitan New York
- BBB File Opened:
- 1/31/2024
- Business Started:
- 4/1/1996
- Business Incorporated:
- 4/1/1996
- Type of Entity:
- Limited Liability Company (LLC)
- Business Management:
- (Headquarters Contact): Mr. Baron Silverstein, President
- (Headquarters Contact): Mr. Michael Boland, Senior Manager
Additional Contact Information
- Principal Contacts
- (Headquarters Contact): Mr. Baron Silverstein, President
- (Headquarters Contact): Mr. Michael Boland, Senior Manager
- Customer Contacts
- (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
Additional Information
- Business Categories
- Mortgage Banker