There are 47 companies that go by the name of New Residential Mortgage LLC.
NewRez LLC NMLS# 3013. Residential Mortgage’s operations, products and/or services do not originate from, and are not endorsed by the Veterans Administration (VA), United States Department of Agriculture (USDA), Department of Housing and Urban Since then, we have maximized the returns on our investment by increasing our equity investment in, and securing multiple refinancings of, the SpringCastle portfolio.Prosper - In February 2017, New Residential became part of a 4-member Consortium which agreed to purchase up to $5 billion of unsecured consumer loans from Prosper. The result? We offer conventional purchase and refinance home loans, as well as VA, FHA, USDA-RD and many state sponsored loan programs. 1100 Virginia Drive, Suite 125 Fort Washington PA 19034
New Residential became a publicly-traded entity on May 15, 2013. GA - Georgia Residential Mortgage Licensee #22847. For example, in the aftermath of the U.S. financial crisis, the residential mortgage industry continues to experience structural changes that are transforming the way mortgages are originated, owned and serviced. For more information, please visit: Our objective is to leverage our proven investment expertise and identity and invest in assets that offer attractive risk-adjusted returns while also protecting our existing portfolio and generating long-term value for our investors.We target assets that generate stable long term cash flows and employ conservative capital structures to provide returns throughout different interest rate environments.Our investment portfolio includes mortgage servicing-related assets, non-agency securities (and associated call rights), residential loans and other related opportunistic investments. New Residential Mortgage LLC operates as a special purpose entity. Financial data is as of June 30, 2020 and per company filings.Some of the content on this page may be based on management’s current views and estimates and actual results may vary materially.
Massachusetts Mortgage Lender License - License Number: ML-3013.
Presale: New Residential Mortgage Loan Trust 2017-1 This presale report is based on information as of March 1, 2017. These acquisitions, investments and partnerships have demonstrated New Residential’s disciplined and strategic approach to growth as markets have evolved. Please note that New Residential Investment Corp. cannot provide any information to you regarding any residential properties.If you are a borrower, title company, or other party with a question about a mortgage loan, please contact the applicable mortgage servicer. These changes are creating a compelling set of investment opportunities. With our new Highlands Residential Mortgage App for iOS and Android, you get everything you need to manage the home loan process. Our objective is to leverage our proven investment expertise and identity and invest in The ratings shown are preliminary. Combined with the products provided by Shellpoint Mortgage Servicing and NewRez, we believe that New Residential is one of only a select number of market participants that have the combination of capital, product offerings, industry experience, and key business relationships necessary to take advantage of such opportunities.New Residential is publicly traded on the New York Stock Exchange under the ticker “NRZ” and is structured as a real estate investment trust (“REIT”). As of June 30, 2019, 100% of the expected warrants had been earned by the Consortium; New Residential owns 8% of Prosper through warrants.New Residential has made a number of opportunistic acquisitions, investments, and partnerships to date. Over time, these have included bulk MSR purchases, operating companies, and ancillary services.
New Residential’s Management Team is experienced in mortgage servicing rights, securitizations and other financial investments.
Prior to his tenure at J.P. Morgan, Mr. Nierenberg held a range of senior leadership positions during fourteen years with Bear Stearns, including head of interest rate and foreign exchange trading operations, co-head of structured products and co-head of mortgage-backed securities trading. In 2019, New Residential made additional progress in ancillary businesses through a strategic investment in Covius Holdings Inc. (“Covius”), a leading provider of technology-enabled services to the financial services industryWe believe that unfolding developments in the U.S. residential housing market are generating significant investment opportunities. , and Guardian Asset Management (“Guardian”), a leading national provider of field services and property management