Newrez and Patch Announce Exclusive Partnership to Launch Homebuying and Mortgage Resource Center

FORT WASHINGTON, Pa.–(BUSINESS WIRE)–Newrez LLC (“Newrez”), a national mortgage and servicing organization with approximately 2.3 million loans, and Planck, LLC, d/b/a Patch Media (“Patch”) , the local digital media company with more than 1,200 communities across the United States, today announced an exclusive, multi-year partnership to launch a co-branded mortgage resource center for buying a home. The hub will serve as a digital repository of news and helpful resources for anyone going through the process of buying or refinancing a home.

Hosted on the Patch platform, the Mortgage Hub positions Newrez as a national go-to source for expertise and education on mortgages and the home buying process. Consumers can use the Mortgage Center as a destination for up-to-date and relevant information about the home buying process. From first-time home buyers beginning their search for a first home to homeowners interested in securing a refi loan, the hub will host a range of tangible materials that inform and empower homeowners. potential and actual in their decision-making.

“As a mortgage lender, our mission is to empower current and potential borrowers, providing mortgage expertise and innovative products that allow them to explore their financial options and ultimately make the decision that is best for them. insight into what is best for them as homebuyers,” said Baron Silverstein, President and Chief Operating Officer of Newrez. “Through this partnership, we look forward to serving as a resource for homebuyers. house on an even larger scale and we look forward to working with the Patch team as partners to make it happen.”

Newrez and Patch plan to include localized content hubs in the Mortgage Resource Center that will provide consumers with local housing market advice, in addition to developing localized newsletters on real estate, mortgages and buying a house for Patch’s audience. The localized content centers will house various types of resources, ranging from educational content, to buying and selling guides, to easy-to-use mortgage calculators designed to ensure users are informed at all stages of the mortgage process. mortgage and buying a house. Long-term plans for the partnership include a digital app to help connect users to process and resources.

“Patch’s audience is deeply engaged in our local real estate coverage and includes many people who are actively exploring real estate transactions or refinancing,” said Will Figueroa, vice president of revenue at Patch. “Our partnership with Newrez gives these users access to practical and timely information to help them make better decisions about one of the most important economic events in their lives.”

For more information on the Newrez and Patch partnership and mortgage resource center, visit https://mortgage.patch.com/.

About Newrez

Newrez is a leading mortgage company that combines mortgage origination and service to deliver a customer-first journey and help our customers take smart action throughout the life of their mortgages. Differentiated by its origination platform, the Company offers its clients unparalleled lending options for purchase and refinancing. Its business services service on behalf of Newrez clients and includes a third-party service brand, Shellpoint Mortgage Servicing. Founded in 2008, Newrez is headquartered in Fort Washington, Pennsylvania and is a member of the New Residential Investment Corp family.

About the fix

Patch is the largest local news platform in the United States and a trusted source for breaking news and community news coverage for over 1,200 neighborhoods, towns and cities in 50 states. Patch’s 135 full-time reporters produce more than 1,000 local news stories a day, while the platform’s features like local calendars, neighbor conversations, classifieds and business publications help keep millions of Americans connected to the communities they love.

Information contained on, or accessible through, any website included in this press release is not incorporated by reference into, and should not be considered a part of, this press release.

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