Newrez LLC’s Master Servicing Division Earns Key Ratings and Approvals

Newrez

FORT WASHINGTON, PA — Newrez LLC‘s Master Servicing division has recently secured significant ratings and approvals, bolstering its status as a leading master servicer. Rated “AVERAGE” by S&P Global® Ratings, Newrez demonstrates a solid operational framework and proficient risk management. Additionally, DBRS® Morningstar® approval underscores its adeptness at managing residential mortgage-backed securities.

Further affirming its capabilities, Fitch Ratings® awarded Newrez an “RMS3” rating, highlighting its resilience and quality service delivery in diverse market conditions. The Kroll Bond Rating Agency® (KBRA®) approval further validates Newrez’s robust asset management skills.

With 32,498 serviced loans and a $5.1 billion unpaid principal balance as of June 30, 2024, these recognitions position Newrez to continue expanding its master servicing operations, reflecting a steadfast commitment to excellence and innovation in client service.

For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.

READ:  Alderfer Glass Explains Causes and Solutions for Foggy Windows