Shellpoint Mortgage Servicing, now operating primarily under its parent company name Newrez LLC, is one of the largest non-bank mortgage servicers in the United States. The company's core business is managing the day-to-day administration of mortgage loans after origination. This includes collecting monthly payments from borrowers, managing escrow accounts for taxes and insurance, and handling customer service, loan modifications, and foreclosure proceedings when necessary. The company was acquired by New Residential Investment Corp. (now Rithm Capital) and has been integrating and rebranding under the Newrez name to streamline operations with its origination counterpart.

Founded in

United States