November 13, 2020
Fort Washington, PA (November 13, 2020) — Newrez LLC (“Newrez”, the “Company”), a national mortgage lender and servicer, announced that Mark Melini, Senior Vice President of Wholesale Lending, has been elected as a new member of the Mortgage Bankers Association of Greater Philadelphia (“MBA”) Board of Governors.
“Our Board of Governors is comprised of leaders in the mortgage industry who share a commitment to advocacy in the industry through legislation and education,” said Bob Wexler, President of the MBA of Greater Philadelphia. “We’re excited to have Mark Melini on our Board of industry experts, advisors and ambassadors.”
Mark Melini joined Newrez in 2014 and, after serving as Vice President of National Sales, was promoted to lead the Wholesale Lending channel in 2016. Under Melini’s leadership, Newrez’s Wholesale Lending channel has increased its production by 40% year over year for the nine-months ended September 30, 2020 while also significantly expanding its employee and client base. Melini has over twenty years in the mortgage industry, including previous roles as Regional Sales Manager with Countrywide Financial Corp., AmTrust Bank and Fifth Third Bank where he was an Account Executive.
“I am thrilled to join The Mortgage Bankers Association of Greater Philadelphia Board of Governors,” said Melini of his appointment. “I look forward to working alongside the other Board members and MBA leadership to help advance and enrich our industry throughout the Philadelphia area and to be a part of a long-standing, leading real estate finance trade association.”
The 2020-2021 Mortgage Bankers Association of Greater Philadelphia Board of Governors include: President, Bob Wexler; Vice President, Tom Lynch; Treasurer, Melissa Dick; Secretary, Amy Azorandia; and additional acting members, Jason Klaskin, Gina, Alpuche, Tina Caparo, Jeff Scheuren, Lisa Albany and Mark Melini.
About Newrez LLC
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. 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, Direct-to-Consumer, 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 also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and eStreet Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential Investment Corp. family. More information is available at www.newrez.com.
About The Mortgage Bankers Association of Greater Philadelphia
The Mortgage Bankers Association of Greater Philadelphia (MBA Greater Philadelphia) is a trade organization comprised of Mortgage Bankers, Mortgage Brokers, Banks, Credit Unions, Servicing companies and affiliated industry service providers. We have been committed to maintaining a presence as the leading real estate financial trade association in the Greater Philadelphia region since 1939. The Mortgage Bankers Association of Greater Philadelphia is dedicated to the preservation and improvement of the Mortgage Banking Industry through a proactive relationship with Federal and State legislators, industry agencies, and other housing trade organizations. Our members are kept informed about changes in mortgage laws and pending legislation. MBA Great Philadelphia’s standing committees provide seminars, meetings, and general information for the education of our members and the public. For more information, go to www.mbagp.org.