About NewRez
A Fresh Outlook on the Horizon
View News about NewRezFounded in 2008, NewRez (originally named New Penn Financial) brings a unique combination of mortgage expertise, financial strength, and product innovation capabilities to the lending table. We're dedicated to delivering exceptional lending options with an easy application process to both our customers and strategic business-to-business partnerships.
With offices across the country, including our Philadelphia area headquarters, each of our 2,200 employees goes the extra mile to redefine the standard of excellence in the mortgage industry - all while keeping your best interests in mind. This is because we believe the lending business isn't about financial transactions. It's about people.
The Brand Pillars of NewRez
From the first hello, we genuinely care about getting to know our customers' real needs and going beyond the expected. As an affirmation of this, we built our Brand Pillars. Through these Pillars come distinct advantages and unique mortgage opportunities that other lenders simply cannot offer.
Your Trusted Advisors
With so many different loan types available on the modern market. you'll need some help navigating. As your trusted advisors, we're here to deliver flexible, innovative, and personalized solutions by getting to know your real-life needs.
Product Innovation and Leadership
The housing market is a living, breathing system. That's why we frequently update our portfolio of innovative products to address the ongoing cycles of our economy and the housing market. Developing and delivering products that meet the needs of a wide variety of borrowers is a key mission of the NewRez leadership.
Ease of Process
We offer a wide breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology. It's this balance of people and systems that creates the ideal application process resulting in an unparalleled client experience.
Community Investment
Our foundation is built around empowering people to achieve the American dream of homeownership. Through charitable contributions, outreach, and active participation, we are deeply invested in the health and vibrancy of communities across our country.
Correspondent Lending
Our National Correspondent division offers a broad product set from agency products with best efforts and mandatory pricing options to Jumbo and Non-QM programs, allowing our lenders to have a complete partnership for success.
Direct to Consumer
Our Direct to Consumer division works directly with borrowers, offering a wide breadth of products to meet the purchase and refinance needs of consumers across the country.
Joint Venture & Retail Lending
Our Joint Venture and Retail Lending division works through relationships with realtors, builders, and other industry entities. Our JV team brings deep expertise and an industry-leading track record to the formation of compliant and profitable Joint Ventures.
Wholesale Lending
NewRez Wholesale is focused on providing the ultimate broker experience, with an emphasis on excellent service and support. We offer a wide range of loan products to help you get borrowers in more homes from our Smart Series Non-QM products to Agency, Government and Jumbo solutions.
Shellpoint Mortgage Servicing (SMS)
Shellpoint Mortgage Servicing maintains a broad set of servicing capabilities. They have a long history of producing differentiated performance for clients who invest in the credit risk on challenging mortgage loan portfolios. They work in partnership with borrowers, no matter their situation, to support homeownership and to create positive outcomes. Additionally, their clients with performing or re-performing loans will benefit from their specialized approach to customer care.
Avenue 365
Avenue 365 Lender Services is a customer-focused, technology-inspired national title insurance and settlement services provider with an unwavering commitment to offering every consumer, originator, and lender an unparalleled experience with every loan closing. We offer "Anytime/Anywhere" (24/7) closings in 40 states as well as completely on-line order placement, tracking, document retrieval, and automated status reports. Close more loans in less time with less hassle, guaranteed.
eStreet
eStreet Appraisal Management Company oversees and manages a network of certified and licensed appraisers to fulfill real estate appraisal assignments. We provide exceptional customer service while maintaining absolute regulatory compliance. Our team is led by industry professionals with over 35 years’ experience. Their knowledge and our state of the art technology ensure your order is handled in an efficient and effective manner.
Responsible Home Ownership
Shellpoint Partners is a strongly capitalized, specialty finance company focused on the U.S. residential mortgage market through its ownership in several growing mortgage businesses. Our solid foundation, seasoned leadership, and untarnished reputation allow us to offer a wide range of services and an unparalleled customer experience for our borrowers and clients. Shellpoint Partners is an indirect, wholly owned subsidiary of New Residential Investment Corp.
Bruce Williams, CEO
Bruce Williams has over 30 years of experience in the mortgage industry and is a founding partner and CEO of Shellpoint. Prior to starting Shellpoint in 2010, Mr. Williams was a founding partner and CEO of C-Bass, a specialty finance company focused on taking mortgage credit risk. Mr. Williams has held various senior level positions at both Citigroup and Paine Weber responsible for trading, finance, sales and research for all mortgage related and asset backed products. Mr. Williams received a B.B.A. degree from The College of William and Mary, an M.B.A. degree from Rutgers University, and a post-graduate degree in accounting from New York University. Mr. Williams is a Trustee Emeritus of The College of William and Mary.