July 8, 2021
Newrez Launches Inaugural Employee Resource Groups
Fort Washington, PA— Newrez LLC (“Newrez”, the “Company”), a national mortgage lending and servicing organization, announced today the launch of its inaugural Employee Resource Groups (“ERGs”).
The ERGs, spearheaded by the Company’s Diversity, Equity and Inclusion team and led by fellow employees, provide a safe and empowering environment for employees to discuss, create, and lead ideas and actions that inspire positive change within Newrez and the communities it serves. The first four inaugural ERGs, which were chosen through a Company-wide survey earlier this year, include a Women’s Group, Veteran’s Group, LGBTQ+ Group and Environmental Group.
“The ERGs support ensuring that diversity, equity, and inclusion are cemented into all aspects of Newrez and that all voices are heard and amplified,” said Baron Silverstein, President of Newrez. “Initiatives like our ERGs provide avenues for discussion, change, professional development, and innovation.”
Marking a pivotal moment in the Company’s blueprint to strategically advance, cultivate and sustain an inclusive corporate culture, monthly ERG meetings serve as an opportunity to mingle and find new ways to work together, discuss organizational growth, find opportunities to volunteer together and foster advocacy. While each ERG maintains a different core focus, Newrez encourages employees to form their own groups, as well, by offering a supportive framework for launching new ERGs.
“The first step to inspiring positive change and action comes from within – within ourselves and our fellow team members,” said Lusharn Heastie, Chief Diversity Officer at Newrez. “The ERGs will be a conduit for team members to build connections with others across Newrez, serve as a safe space to discuss important topics, and help employees relate to one another through shared experiences and perspectives.”
To learn more about NewRez and the Company’s unwavering commitment to continually building a strong and inclusive corporate culture, visit https://www.newrez.com/careers/#whynewrez-2.
Newrez is a leading mortgage company that strategically combines mortgage origination and servicing to provide a best-in-class, customer-first journey and help our customers make smart moves throughout the lifetime of their mortgage loan. Newrez’s differentiated origination platform provides options to purchase and refinance customers and operates across multiple lending channels, including Direct to Consumer, Joint Venture, Wholesale and Correspondent. Newrez’s tenured and proven servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez employees support the health, vibrancy, and sustainability of our communities through the company’s community investment initiations, Newrez Neighborhood Outreach Works (“NOW”). Founded in 2008, Newrez is headquartered in Fort Washington, Pennsylvania and is a member of the New Residential Investment Corp. family.