Newrez LLC ABOVE AVERAGE Residential Mortgage Loan Primary And Special Servicer Rankings Affirmed - S&P Global Ratings’ Credit Research

Newrez LLC ABOVE AVERAGE Residential Mortgage Loan Primary And Special Servicer Rankings Affirmed

Newrez LLC ABOVE AVERAGE Residential Mortgage Loan Primary And Special Servicer Rankings Affirmed - S&P Global Ratings’ Credit Research
Newrez LLC ABOVE AVERAGE Residential Mortgage Loan Primary And Special Servicer Rankings Affirmed
Published May 12, 2025
Published May 12, 2025
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About This Report

  
Abstract:

Newrez LLC is a nonbank mortgage servicer and subsidiary of Rithm Capital Corp. Along with its special servicing division, Shellpoint Mortgage Servicing, it services approximately 3.75 million loans with $774.16 billion in unpaid principal balance as of Dec. 31, 2024. We affirmed our overall ABOVE AVERAGE rankings on Newrez LLC as a residential mortgage loan primary and special servicer. The ranking outlook is stable for each ranking. NEW YORK (S&P Global Ratings) May 12, 2025--S&P Global Ratings today affirmed its ABOVE AVERAGE rankings on Newrez LLC (Newrez) as a residential mortgage loan primary and special servicer. The ranking outlook is stable for each ranking. Our rankings reflect Newrez's: Well-experienced senior leadership team with experience in primary and special servicing; Multi-channel

  
Report Type:

Ratings Action

Ticker
9245349Z
Issuer
NewRez LLC
Sector
Structured Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Newrez LLC ABOVE AVERAGE Residential Mortgage Loan Primary And Special Servicer Rankings Affirmed" May 12, 2025. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Newrez-LLC-ABOVE-AVERAGE-Residential-Mortgage-Loan-Primary-And-Special-Servicer-Rankings-Affirmed-3367718>
  
APA:
S&P Global Ratings’ Credit Research. (). Newrez LLC ABOVE AVERAGE Residential Mortgage Loan Primary And Special Servicer Rankings Affirmed May 12, 2025. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Newrez-LLC-ABOVE-AVERAGE-Residential-Mortgage-Loan-Primary-And-Special-Servicer-Rankings-Affirmed-3367718>
  
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