Newrez LLC is a leading nationwide mortgage lender and servicer headquartered in Fort Washington, Pennsylvania. Founded in 2008, Newrez operates across multiple lending channels, including Correspondent Lending, Wholesale, Consumer Direct, Retail, and a network of Joint Venture partners[1][3]. The company is owned by asset manager Rithm Capital and has several affiliates that provide various services in the mortgage and real estate industries[1]. ### Key Features: - Headquarters: 601 Office Center Dr Ste 100, Fort Washington, PA 19034-3275[1][5]. - BBB Accreditation: Newrez is BBB accredited with an A+ rating, although customer reviews are not used in calculating this rating[1][2]. - Services: Offers a wide range of mortgage products and servicing capabilities, including performing loan servicing and special servicing through Shellpoint Mortgage Servicing[1][3]. - Community Involvement: Newrez supports community initiatives through its Newrez NOW program, focusing on diversity, equity, and inclusion[3]. - Recent Recognition: Newrez loan originators have been recognized by the National Association of Hispanic Real Estate Professionals (NAHREP) for their contributions to Hispanic homeownership[4]. ### Customer Feedback: Customer reviews on the BBB website highlight mixed experiences, with some expressing frustration over service issues and others appreciating the company's efforts to resolve problems[2]. Despite these challenges, Newrez continues to expand its operations and integrate new acquisitions, such as the recent acquisition of Specialized Loan Servicing (SLS)[3].