NewRez Announces One Million Dollar 2020 Charitable Donation Goal
November 02 2020 - 4:31PM
Business Wire
National mortgage lender
and servicer roles out charitable initiatives under its NewRez NOW
Community Investment Program
NewRez LLC (“NewRez”, the “Company”), a national mortgage lender
and servicer, announced today a charitable donation goal of one
million dollars by the end of 2020 under the Company’s NewRez NOW
(“Neighborhood Outreach Works”) Community Investment Program. All
donations by NewRez employees, company-matched donations as well as
a new promotion called “You Save, We Give” will go towards this
goal.
Under the “You Save, We Give” initiative, NewRez will make a
donation to Toys for Tots for every loan locked during the month of
November across the Company’s Direct to Consumer, Wholesale, and
Retail / Joint Venture business divisions. For the first time in
the Company’s history, NewRez is involving its borrowers in the
Company’s giving programs.
Launched earlier this year, NewRez NOW aims at promoting
individual and company-wide investment in the health, vibrancy and
sustainability of our communities through charitable contributions,
outreach and participation. The Company has also included a
double-match campaign wherein all donations made by individual
employees to eligible nonprofits, in any amount, through December
31, 2020, will be double-matched by NewRez. So far this year, more
than 350 charities have been helped nationwide through employee
donations, company match funds, and an employee grant program.
“I have been very impressed throughout the year by the extensive
charitable and philanthropic work that so many of our employees
engage with on a regular basis,” said Baron Silverstein, President
of NewRez. “Our employees engage deeply with their volunteer
efforts, as well as raise and donate significant funds to a variety
of causes. NewRez NOW has allowed us to further support and foster
this philanthropic spirit and we are excited to continue making a
difference in the lives of those in need throughout our nation.
‘You Save, We Give’ allows us to use our everyday business to truly
help children in a meaningful way.”
“The holidays are exceptionally challenging for many
underprivileged families in our communities. We are proud to
partner with Toys for Tots during this time and we look forward to
sharing this exciting program with our customers,” said Liz
Monahan, NewRez’s Chief Human Resources Officer.
Headquartered in Fort Washington, PA, with offices across the
United States, NewRez specializes in finding the right loan for
every borrower. The lender offers a wide range of mortgage products
that help make the dream of home ownership attainable. Visit
newrez.com for more information on products and instructions on
applying for a loan.
About NewRez LLC NewRez LLC (NewRez) is a leading
nationwide mortgage lender and servicer. As a lender, NewRez
focuses on offering a breadth of industry-leading products,
supported by a loan process that blends both human interaction and
the benefits of technology into an unparalleled customer
experience. Founded in 2008 and licensed to lend in 50 states,
NewRez is headquartered in Fort Washington, Pennsylvania and
operates multiple lending channels, including Correspondent
Lending, Wholesale, Direct-to-Consumer, Retail, and a network of
joint venture partners. NewRez’s servicing business consists of its
performing loan servicing division, NewRez Servicing, and its
special servicing division, Shellpoint Mortgage Servicing. NewRez
also has several affiliates that perform various services in the
mortgage and real estate industries. These include Avenue 365
Lender Services, LLC, a title agency, and E Street Appraisal
Management LLC, an appraisal management company. NewRez is a member
of the New Residential Investment Corp. family. More information is
available at www.newrez.com.
About Toys for Tots Toys for Tots, a 73-year national charitable
program run by the U.S. Marine Corps Reserve, provides happiness
and hope to less fortunate children during each Christmas holiday
season. The toys, books, and other gifts collected and distributed
by the Marines offer these children recognition, confidence, and a
positive memory for a lifetime. It is such experiences that help
children become responsible citizens and caring members of their
community. Last year, the Marine Toys for Tots Program fulfilled
the holiday hopes and dreams of 7 million less fortunate children in over 800
communities nationwide. Since 1947, over 265 million children have
been assisted. The
Marine Toys for Tots
Foundation is a not-for-profit organization authorized by the U.S.
Marine Corps and the Department of Defense to provide fundraising and other necessary
support for the annual Marine Corps Reserve Toys for Tots Program.
For more information, visit www.toysfortots.org.
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version on businesswire.com: https://www.businesswire.com/news/home/20201102005805/en/
Lauren Darkes Lauren.Darkes@NewRez.com (o) 267-705-4692
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