Newrez laying off nearly 500 workers after Rithm acquisitions
Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4B in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending
by Matt Carter Jun 11
The 40-year fixed-rate mortgage is back
Nonbank mortgage lender Newrez says 40-year, interest-only loans will help borrowers and investors who have been priced out of today's housing market
by Matt Carter Sep 2
Newrez partners with Patch news site to bolster mortgage originations
Building on the momentum of last year's Caliber Home Loans acquisition, Newrez seeks to be 'national go-to source' for mortgage info
by Matt Carter Mar 3
Mortgage servicer out of compliance with stock exchange listing rules
Embattled Ocwen spinoff has twice missed deadline on financial reports with SEC
by Amy Tankersley Mar 23