Newrez and Caliber Further Strengthen Mortgage Operations With Leadership Appointments 

 

Fort Washington, PA — Newrez LLC (“Newrez”) and Caliber Home Loans (“Caliber”), both national mortgage lending and servicing organizations, announced today several leadership changes effective immediately.

Jordan Licht is appointed Chief Operating Officer for both Newrez and Caliber. In this role, Mr. Licht will drive technology, operations, servicing, and data and analytics, and oversee all aspects of daily operations. Mr. Licht joined Caliber in 2017 where he held several executive management roles across production and finance.

Shane Ross is appointed Head of Servicing for both Newrez and Caliber platforms. Mr. Ross previously served as President of Servicing at Shellpoint Mortgage Servicing, a division of the Company.

“The expanded leadership roles of Jordan and Shane mark a meaningful next chapter in the unification of efforts across the Newrez and Caliber organizations,” said Michael Nierenberg, Chairman, Chief Executive Officer and President of New Residential Investment Corp. “Their collective leadership will be transformational to each organization and together, our mortgage origination process and servicing portfolio will set a new curve for the industry.”

###

About Newrez  

Newrez is a leading mortgage company that combines mortgage origination and servicing to provide a customer-first journey and help our customers make smart moves throughout the lifetime of their mortgage loans. Differentiated by its origination platform, the Company provides customers with unparalleled lending options to purchase and refinance. Its servicing business services loans on behalf of Newrez customers and includes third-party servicing brand, Shellpoint Mortgage Servicing. Founded in 2008, Newrez is headquartered in Fort Washington, Pennsylvania and is a member of the New Residential Investment Corp. family.

The information contained on, or accessible through, any websites included in this press release is not incorporated by reference into, and should not be considered a part of, this press release.